Page 6 - Auto Stocks
Exide hits over 4-year high; surges 23% in one month on positive outlook
Exide said the strong automobile sales augur well for Company as higher vehicle sales not only help the OEM business but also expand the aftermarkets in years to come.
 "Exide hits over 4-year high; surges 23% in one month on positive outlook")
JBM Auto zooms 18% on securing contract for supply of 5,000 electric buses
Thus far in the calendar year, the stock has skyrocketed 200 per cent, as compared to 7.5 per cent rise in the S&P BSE Sensex.
 "JBM Auto zooms 18% on securing contract for supply of 5,000 electric buses")
Wild ride for auto stocks in markets so far in FY24 as they burn rubber
Full-throttle performance driven by product premiumisation across vehicle manufacturers
 "Wild ride for auto stocks in markets so far in FY24 as they burn rubber")
Tata Motors hits a new high after over 8 years; stock up 57% so far in CY23
Based on preliminary cash balances, JLR expects to report positive free cash flow of over £400 million in the June quarter.
 "Tata Motors hits a new high after over 8 years; stock up 57% so far in CY23")
Talbros Auto surges 8% to hit 52-week high on order win worth Rs 400 crore
In the past two months, the stock of auto components & equipment company has zoomed 64 per cent
 "Talbros Auto surges 8% to hit 52-week high on order win worth Rs 400 crore")
Eicher Motors extends fall, hits over 2-month low; down 11% in 3 days
Bajaj Auto and British motorcycle brand Triumph on Wednesday launched co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in India.
 "Eicher Motors extends fall, hits over 2-month low; down 11% in 3 days")
Tech view: Maruti could rally up to Rs 10,700 in the near-term
The share price of Maruti crossed Rs 10,000 mark for the first-time ever on Wednesday, after the company launched Invicto - its first car in Rs 20 plus lakh segment.
 "Tech view: Maruti could rally up to Rs 10,700 in the near-term")
Auto shares in fast lane; Tata Motors, M&M, Maruti Suzuki hit 52-week highs
M&M hit a record high of Rs 1,440.75, up 3 per cent on the BSE
 "Auto shares in fast lane; Tata Motors, M&M, Maruti Suzuki hit 52-week highs")
Landmark Cars hits record high; up 11% in 2 days on institutional buying
TPG Growth II SF Pte Ltd, on Friday, sold 4.46 million shares for Rs 293 crore through an open market transaction
 "Landmark Cars hits record high; up 11% in 2 days on institutional buying")
Force Motors surges 10%, hits over 4-year high; zooms 129% in 3 months
Thus far in the month of June, the stock has surged 43 per cent after the company reported 30 per cent year-on-year and month-on-month jump in total sales at 2,645 units for the May month.
 "Force Motors surges 10%, hits over 4-year high; zooms 129% in 3 months")
Analysts see over 18% upside in Tata Motors; here's why
Brokerages have retained 'Buy' rating on Tata Motors post the recent JLR investor day meet.
 "Analysts see over 18% upside in Tata Motors; here's why")
Rate sensitive shares trade mixed after RBI keeps repo unchanged at 6.5%
The Nifty Bank, Nifty Financial, Nifty Private and Nifty PSU Bank indices were up 0.35 - 0.51 per cent, while Nifty Realty and Nifty Auto indices were down 0.10 - 41 per cent .
 "Rate sensitive shares trade mixed after RBI keeps repo unchanged at 6.5%")
Tata Motors market cap scales record high; tops Rs 2 trillion mark
Thus far in the calendar year 2023, shares of Tata Motors and Tata Motors DVR have rallied 48 per cent, as compared to 2.8 per cent rise in the S&P BSE Sensex.
BSE Smallcap index hits record high; experts see more upside
Aurionpro, BDL, Centum Electronics, Cigniti Techno, Data Patterns, Dreamfolks, Fusion Micro, IOX Exchange, KDDL, Mahindra CIE, Safari Ind and Syngene hit their respective all-time highs today
 "BSE Smallcap index hits record high; experts see more upside")
Force Motors gains 4% to hit a new high on healthy May sales numbers
The company reported a healthy 30 per cent year-on-year (YoY) and month-on-month (MoM) jump in its total sales of 2,645 units in May month.
 "Force Motors gains 4% to hit a new high on healthy May sales numbers")
TVS Motor, Bajaj-Auto: Auto index hits record high, may rise up to 5%
Selective automobile stocks may soar up to 15%, show charts
 "TVS Motor, Bajaj-Auto: Auto index hits record high, may rise up to 5%")
Mahindra & Mahindra rallies 5% on steady March quarter earnings
Record annual profit was driven by successful mega launches in automotive, steady growth at farm equipment, strong operating performance at financial services and value unlock through monetisation.
 "Mahindra & Mahindra rallies 5% on steady March quarter earnings")
Eicher Motors soars 7% in a weak market on solid Q4 perforance
F&O View: Options data suggest likely resistance for the stock in the range of Rs 3,670 - 3,750; Support Rs 3,500 - Rs 3,550.
 "Eicher Motors soars 7% in a weak market on solid Q4 perforance")
Tata Motors hits 52-week high ahead of Q4 results; soars 32% so far in CY23
Brokerage firms are expecting a strong recovery in Tata Motor's financials as supply-side issues are relaxing (for JLR) and commodity headwinds are easing (for PV and CV).
TMS Ep429: Paytm cash flow, ceiling fans, auto stocks, Kaladan Project
How can Paytm turn cash positive? Are ceiling fans spinning in a new direction? Will auto stocks continue their ride in the fast lane? What is Kaladan Multimodal Project? All answers here
