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Source: Live Mint Indian auto stocks have been among the biggest casualties of the recent market sell-off. A combination of factors, including weak demand from urban consumers, rising inventory levels, a drop in UV sales, ongoing weakness in the entry-level car segments and a cautious outlook for FY25 from car manufacturers, has shaken investor confidence….
Source: Live Mint In the special Muhurat trading session held on Friday, November 1, the Nifty Auto index closed over 1 percent higher, buoyed by a recovery in auto sales reported for October 2024. The festive momentum was reflected across the market, with Nifty Auto rising as much as 1.24 percent to 23,805.60, outperforming the…
Source: Live Mint The auto sector has delivered a stellar performance over the past year. Since Samvat 2080, the Sensex has risen 23 per cent, while the BSE Auto index has surged 50 per cent. Year-to-date (YTD), the auto index has rallied 31 per cent, significantly outperforming the benchmark’s 11 per cent rise. Falling commodity…
Source: Live Mint Brokerage firm Choice Broking has released a report suggesting ten stocks to buy on the occasion of Diwali with an upside potential upto 70 per cent. Stocks to buy Bajaj Auto: Buy at ₹10,501 | Target Price: ₹12,483 | Potential Upside: 18.9% We remain optimistic about Bajaj Auto’s growth trajectory in the…
Source: Live Mint MUMBAI : Bajaj Auto Ltd’s shares fell 11% on Thursday after its management painted a sombre picture of domestic two-wheeler demand for the ongoing festive season while announcing the September quarter results (Q2FY25). Of course, it didn’t help that the stock’s valuations had become steeper thanks to the strong 70% gain seen…
Source: Business Standard 2 min read Last Updated : Oct 15 2024 | 1:00 PM IST Shares of Bajaj Auto fell as much 3.51 per cent at Rs 11,475 per share on the BSE in Tuesday’s intraday trade. The stock price saw profit booking ahead of the company’s quarter two results for the financial…
Source: Business Standard 4 min read Last Updated : Oct 14 2024 | 11:41 AM IST Bajaj Auto Q2FY25 preview: Automobile major Bajaj Auto will announce its September quarter of financial year 2025 (Q2FY25) results on Wednesday, October 16, 2024. Analysts are optimistic about major revenue growth, driven by robust volume increases and effective…
Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 1:37 PM IST The NSE Nifty 50 index has gained 2 per cent from its recent low of 24,700-odd levels. The recent gains are seen as a pullback as the Nifty had plunged over 1,550 points in preceding six trading sessions. …
Source: Business Standard 4 min read Last Updated : Sep 26 2024 | 2:34 PM IST Shares of automobile companies were in demand on Thursday’s trading session, with the BSE Auto index hitting a record high of 61,540. The index gained nearly 2 per cent in intra-day trades to extend its upward movement after the…
Source: Business Standard 4 min read Last Updated : Sep 12 2024 | 11:29 AM IST Shares of Bajaj Auto extended their gains of the past three days to hit a new high of Rs 11,743.85 on the BSE in Thursday’s intra-day trade, after surging 3 per cent in early trades on the back of…
