Mumbai: The rally in shares of automobile makers gathered steam on Monday, fuelled by expectations that the vehicle price cuts following the reduction in Goods and Services Tax (GST) last week would boost demand. Tata Motors and Mahindra & Mahindra gained nearly 4%, emerging as the top Sensex gainers on Monday. Maruti Suzuki rose 2.4%….
Shares of TVS Motor are likely to be in focus on Friday after the company unveiled a new performance scooter and brokerage Nomura raised its target price on the stock, citing a stronger product pipeline across both electric and internal combustion engine (ICE) segments. On Thursday, TVS Motor announced the launch of the NTORQ 150,…
Mumbai: Ather Energy, the first mainboard listing on BSE in FY26, had a mildly positive start before the electric two-wheeler maker skid 6% on Tuesday, mirroring the broader market weakness that masked the relatively respectable retreat for the biggest gauges. The stock opened at ₹328 apiece on NSE, logging a 2.2% premium over the issue…
Two-wheeler major TVS Motor Company on Tuesday reported a 4.2% year-on-year (YoY) growth in its December quarter standalone net profit at Rs 618 crore versus Rs 593 crore posted in the year-ago period. The profit after tax (PAT) was lower than the Street’s estimates of Rs 657 crore. The Q3FY25 revenue from operations stood at…
Ola Electric Mobility shares will remain in focus on Monday, January 13, after the Central Consumer Protection Authority (CCPA) has sought additional documents from the company as part of its ongoing investigation into the electric two-wheeler manufacturer. “In continuation of the earlier letter received from the Central Consumer Protection Authority dated December 04, 2024, by…
The Indian market is likely to consolidate on Friday, tracking muted global cues. The Nifty future closed positively, gaining 1.56% to end at 24,270 levels on Thursday. On the options front, the maximum Call OI is placed at 25,000, followed by 24,500 strikes, while the maximum Put OI is placed at 24,000, followed by 23,800…
The Sensex and Nifty extended their losing streak to five consecutive sessions on Friday, as auto, banking, and financial stocks pulled the indices into the red. Weighed down by escalating tensions in the Middle East and rising foreign outflows, investor sentiment remained subdued. The BSE Sensex dropped 808 points, or 0.98%, to close at 81,688.4,…
Domestic markets ended higher for the second consecutive week, although broader markets underperformed and market breadth favored declines. Stocks that were in focus include names like RailTel, which rose 5.81%, TVS Motor, which jumped 2.19%, and IREDA, whose shares gained nearly 1% on Friday. Here’s what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends…
Indian Railway Finance Corporation Share Price 183.41 03:59 PM | 23 Aug 2024 1.97(1.09%) One97 Communications Share Price 554.85 03:59 PM | 23 Aug 2024 1.15(0.21%) YES Bank Share Price 24.39 04:03 PM | 23 Aug 2024 -0.19(-0.78%) ITC Share Price 505.8 03:59 PM | 23 Aug 2024 1.25(0.25%) HDFC Bank Share Price 1625.05 03:59…
Target Price: Rs 600Stop Loss: Rs 526 On a weekly time frame, Hindustan Petroleum Corporation Ltd has given a breakout of the Pennant Pattern on the upside forming a continuation pattern. On the EMA front, the prices are trading above important EMA’s (14,21,50) price trading above all the three EMA which indicates bullishness in the…