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NEW DELHI - Eicher Motors, the Indian automaker, has faced a second downgrade in as many days, with its stock rating being lowered from "underperform" to "sell" by brokerage firm CLSA. The new target...
BENGALURU (Reuters) -Sales of sports utility vehicles (SUVs) rose in December, while small car sales fell despite high discounts, data from Indian automakers showed on Monday. While sales of...
MUMBAI - Shares of Bajaj Auto, the Pune-based motorcycle manufacturer, soared to a yearly high at the National Stock Exchange (NSE) today, following a sizeable year-over-year sales increase for...
Shares in key Indian two-wheeler manufacturers rallied today, following JP Morgan's raised target prices for the sector. Bajaj Auto, Hero MotoCorp, and TVS Motor all saw their shares surge on the news...
The initial public offering (IPO) of ASK Automotive, which launched on November 7, has seen a remarkable response. By November 8, the IPO was subscribed 1.34 times, with the Non-Institutional...
Following the US Federal Reserve's decision to hold interest rates steady, India's benchmark stock indices, the S&P BSE Sensex and the NSE Nifty 50, advanced today. The gains were particularly...
The Indian automobile industry, including major players such as Tata Motors (NYSE:TTM), Maruti Suzuki, Hero MotoCorp, Mahindra & Mahindra (M&M), Ashok Leyland, and Eicher Motors Ltd, is bracing for...
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