The country's largest listed auto parts company by market capitalisation, Samvardhana Motherson International, reported a better than expected operating performance in the second quarter (July-September) of 2025-26 (Q2FY26). Though the global passenger vehicle (PV) market is facing multiple headwinds, the company is outperforming on the back of higher content per vehicle and market share gains.
This is the second acquisition abroad by Motherson Sumi within a little more than two years.
Adani Exports and GlaxoSmithKline Consumer were the only two A-group stocks that ended in the positive territory.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
With little clarity on the demand outlook, investors should wait out the next couple of quarters rather than rush in to catch a falling knife, says Ram Prasad Sahu.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
An analysis of past 20 years' demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
The Ambanis are the only Indian family on the top 10 richest families list in Asia.
Bank shares were the top losers along with index heavyweight RIL
The S&P BSE Sensex has gained 149 points to open at 25,802.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The benchmark has gained 2 per cent this week on continued hopes the incoming Narendra Modi government would unveil substantial economic reforms.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Volkswagen was not the largest carmaker in the US and that North America accounted for merely 1-1.5 per cent of its total sales.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Asian markets were trading mixed with the Nikkei gaining after the US dollar strengthened against the yen.
Stocks of companies having operations and exports to Europe were the top losers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
As football fans arrive to watch Euro 2016, France's trade unions have undertaken a series of strikes to provoke a make-or-break situation. Claude Arpi encounters both Gallic beauty and ugliness in the country of his birth.
'Make in India' will be central to Mr Modi's visit to Europe and Canada. It is difficult to predict what will happen with the Rafale deal, but if it goes through, it will undoubtedly become the 'Mother' of all 'Make in India' projects,' says Claude Arpi.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India