Localisation will help Hyundai to position cars well in both IC & EV space in India: Tarun Garg
Post listing, Hyundai Motor India will launch the Creta EV and three more electric vehicles soon. The company aims for strong localization in Tamil Nadu and export growth. Hyundai also plans to boost production capacity with the Talegaon plant, focusing on profitability and market share in both domestic and international markets.
Auto sales indicate slowing down in urban economy: Chetan Ahya
Chetan Ahya of Morgan Stanley discusses the current slowdown in India’s urban economy and predicts a recovery driven by increased government expenditure. He highlights signs of improvement in rural demand and private sector capital expenditure. Despite the short-term urban slowdown, projections indicate a stabilized GDP growth rate close to 7% in the near future.
Which Adani Group stock can give 40-50% return? What Tata stocks to work well now? Deven Choksey answers
Deven Choksey, MD of DRChoksey FinServ, sees strong investment potential in Tata and Adani Group companies. He mentions Tata Motors, Tata Power, and Indian Hotels as promising prospects. In the Adani Group, he highlights Adani Enterprises and Adani Ports for their growth potential. He also expresses confidence in the future of Indian IT companies and […]
What should investors do with Paytm stock? Akshay Bhagwat answers
If it does hold, expect a choppy trading session in between 25,200 to 24,600; but if the support breaches, then brace yourself for the impact because that can see a potential downside in the index and even these stocks before the October series.
Manappuram Finance shares fall 21% in one week. Analysts suggest caution
Manappuram Finance’s shares dropped 21% after the Reserve Bank of India took regulatory action against its subsidiary, Asirvad Micro Finance. The RBI ordered Asirvad to stop loan sanctions and disbursals. Asirvad contributes 27% to Manappuram’s assets under management. Investors should observe management actions to address these concerns and monitor stock movements around key support levels.
City Union Bank shares zoom 12% after Q2 results impress investors. Should you invest?
City Union Bank shares surged 12.5% after reporting Q2 PAT growth of 1.6% and NII up 8.2%. Analysts have mixed ratings, with target prices ranging from Rs 165 to Rs 195.
Mazagon Dock shares dip 5% ahead of board meeting to consider dividend, stock split
Mazagon Dock Share Price: Shares of Mazagon Dock Shipbuilders fell by 5.3% ahead of a board meeting to discuss Q2 results, an interim dividend, and a potential stock split. The company has a dividend yield of 0.59% and has seen significant share price growth over the past year.
Sona BLW Precision shares rise 3% on new plant launch in Manesar, Haryana
Shares of Sona BLW Precision Forgings rose nearly 3% following the inauguration of its new driveline plant in Manesar, Haryana. This development aims to meet growing demand and boost production capacity. The company reported a 26.7% YoY net profit increase in Q1 FY25, with revenues rising 21.8%.
Waaree Energies IPO subscribed over 4 times so far on Day 2, GMP at 98%. Check details
Waaree Energies IPO has been subscribed 4.2 times on Day 2, with a GMP of 98.4%. Analysts recommend subscribing for growth.
Deploy cash in medium-term growth stories if correction deepens: Ashwini Agarwal
I do not think that there is a lot of room for the market to move up. Now, how much will it fall is something that I am not very clear about because every fall has been rewarded for buyers and I think that lesson has gone down very well. So, any dip, you see […]