Jaguar Land Rover's volume growth climbed 19.4 per cent compared with an average growth of 8.3 per cent by other leading luxury car manufacturers.
Atul Auto’s stock has been outperforming the benchmark BSE auto index. The stock gained 51% last year, when the BSE auto index moved up by just 17 per cent.
Shares of export-oriented auto ancillary companies in India have seen a surge in stock prices ranging between 30 per cent and 85 per cent.
Symphony is looking to expand its margin by 2 per cent through improving product-mix and newly-launched premium products.
Emotions are mixed in auto industry over excise duty cuts aimed at boosting auto sales as it will mean manufacturers having to swallow financial liability of dealers from unsold inventory.
The promoters — Jaya Hind Investments and others — have bought 4.79 per cent stake from Bajaj Holdings, increasing their holding in the firm to 56.54 per cent.
The beneficiary of excise duty cut on small car would be Maruti Suzuki, where small cars constitutes nearly 65% of total volume.
Growth in agricultural output offers hope for Mahindra & Mahindra, but new vehicle launches remain essential
Considering that utility vehicle (UV) launch is expected this year, a large part of earnings growth next year hinges on tractor volume growth.
Amara Raja Batteries is expanding market share in its main battery business by adding more capacity, its chief financial officer has said.
Egypt's Cabinet has proposed to impose a 12-month ban on imports of two-and three-wheelers, a move that could spell a big setback for Bajaj Auto.
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