Bajaj Auto shares rise 2% as profit, revenue, EBITDA hit record highs in Q3
The auto major’s profit and revenue grew 37% and 30%, respectively, in Q3 FY24, driven by strong growth in operating profit and surge in volume.
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Tata Motors shares rise 2% on getting nod for conversion of DVRs
The auto major has received NoC from the BSE and NSE for the conversion of its differential voting rights (DVRs) shares to ordinary shares.
Auto stocks drop after September sales
The weakness in auto stocks was in sync with the broader market.
Rate sensitive stocks see mixed trading as RBI keeps repo rate unchanged
Rate-sensitive stocks saw mixed reactions with financial services and banking stocks witnessing buying whereas auto and realty stocks seeing marginal selling pressure.
This auto stock hits 20% upper circuit on strong Q4; do you own it?
The smallcap stock has been rising for the last seven sessions and gained 26% during the same period.
Bajaj Auto shares under stress post Q4; what should investors do?
Bajaj Auto shares opened higher at ₹4,368.95, but soon slipped as much as 1.4% to ₹4,282.80 on the BSE.
Tata Motors shares zoom 8% post Q4 global wholesales
In Q4 FY23, global wholesales of Tata Motors, which includes sales of its flagship JLR vehicles, grew 8% YoY at 3,61,361 units.
Tata Motors turns profitable after 7 quarters. Should you buy stock?
The auto major reported a consolidated net profit, the first time in seven quarters, at ₹2,958 crore in Q3 FY23, driven by strong sales and robust demand.
Where should equity investors invest for next one year?
Niraj Kumar, chief investment officer, Future Generali India Life Insurance, sees opportunities in aviation, automobile, commodity-related sectors and telecom.
