Exports in August were up 10.3 per cent to 12,472 units from 11,305 units in the same month of previous year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
More than two decades after manufacturing its first vehicle in India, Maruti Udyog Ltd on Wednesday rolled out the five-millionth car from its assembly line in Gurgaon, a red 'WagonR'.
In a few years there may be 100 Japanese companies in Gujarat, while Chinese firms may commit investments of over Rs 6,000 crore.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Maruti Udyog Ltd on Wednesday launched its new model 'Swift' in India, pricing the base model at Rs 3.87 lakh (ex-showroom Delhi).
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
India's biggest carmaker Maruti Udyog Ltd on Tuesday announced the setting up of a diesel engine plant with an investment of Rs 350 crore (Rs 3.50 billion).
India's largest car maker Maruti Udyog Ltd has reported a net profit of Rs 124 crore (Rs 1.24 billion) in the second quarter of this fiscal on the back of 18 per cent sales growth.
Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and Sundaram-Clayton.
Hyundai Motor India will raise prices of its entire product portfolio in the range of Rs 5,000 to Rs 25,000 from Jan 2015.
Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
India's biggest car maker Marutyi Udyog Ltd, a unit of Japan's Suzuki Motor Corp, said on Wednesday it may have to temporarily close its plant due a nationwide strike by truckers now in its third day.
India's largest car maker, Maruti Udyog Ltd, a unit of Japan's Suzuki, announced a $10.4 million sales promotion on Friday that could help reverse a sales decline and make it more attractive ahead of an initial public offering.
Investors indulged in buying beaten down blue chips at lower and attractive levels.
The car is expected to hit the road on October 23 and is being launched as Hyundai celebrates two decades in the country. Industry sources say that it will be priced at Rs 3,70,000 to stay competitive with its biggest competitors, Tata Tiago and Maruti Suzuki Celerio.
Companies are drawn to the parks by the infrastructure and ready-to-occupy land.
General Motors India Vice President P Balendran termed the decision as a positive move for the overall economy.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
Auto major Mahindra & Mahindra on Friday said it will hike the prices of its passenger cars and commercial vehicles by Rs 6,000 to Rs 20,000 from October 1, partly to offset higher input costs and depreciation of rupee against the dollar.
The model, which will compete with the likes of Hyundai Verna, Maruti Suzuki Ciaz and Skoda Rapid, now features smart devices ecosystem including Alexa remote capability and 32 connected features as standard feature across all variants with a five-year free subscription.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
Other than ITC, other laggards include PowerGrid, Infosys, M&M, NTPC, SBI, HDFC, Kotak Bank, HDFC Bank, TCS, Hero MotoCorp, Coal India, ONGC, RIL, Asian Paint, IndusInd Bank, ICICI Bank, Maruti Suzuki, Bajaj Auto, Tata Motors, Bharti Airtel and Axis Bank.
A sharp decline in crude and strengthening of the rupee added to the buoyancy.
Markets end in red; bluechips struggle to keep pace.
Indian automobile units are employing more and more robots to improve your car's efficiency. India is catching up well as world over, the latest technologies is redefining outdated manufacturing processes.
The new Honda Amaze breaks free from its Brio moorings, and is designed to wow, says Rajesh Karkera.
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
Vehicle sales across categories registered a decline of 8.62 per cent to 20,86,358 units from 22,83,262 units in May 2018.
In May, Satpal Singh, who runs a dairy business with three buffaloes in Jewar, near Noida, was worried about the steep spike in input costs. Singh said dry fodder rates, which cost Rs 1,500-2000 per tractor trolley last year, were quoting at Rs 4,500-5,000. The price of other cattle feed ingredients (that include mustard meal and similar mixes) had also gone up from Rs 2,000 per quintal to Rs 3,100-3,200 per quintal.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Reflecting the bullish mood, all sectoral indices ended with gains, led by auto, oil and gas, FMCG, IT and teck. The broader NSE Nifty, after crossing the 10,600-mark, settled 68.40 points, or 0.67 per cent higher at 10,598.40.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
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