
Hero MotoCorp, Tata Motors fall up to 3% post April sales; Maruti, Bajaj, TVS rise
Hero MotoCorp was the top laggard on the BSE auto index, falling as much as 3.3% to ₹2,470.60 on weak monthly sales in April.
Hero MotoCorp was the top laggard on the BSE auto index, falling as much as 3.3% to ₹2,470.60 on weak monthly sales in April.
In realty and auto counters, Indiabulls Real Estate, DLF, Sobha, TVS Motor, Tata Motors, and Escort were top performers post RBI policy announcement
The auto and bike taxi aggregator will use capital to build the team, strengthen tech capabilities, and enhance the consumer experience.
The BSE Sensex and the NSE Nifty are likely to open higher on Tuesday, following firm cues from Asian peers and positive trends on the SGX Nifty.
The BSE Sensex and the NSE Nifty are expected to open flat to lower on Friday, following muted trends on SGX Nifty.
Hero MotoCorp needs to monetise its internal EV developments, or it will be dethroned once the market is fully electrified. TVS is poised to benefit from its strong R&D initiatives and brand building
Indian benchmark indices, Sensex and Nifty, are slated to open lower on Friday, following weak cues from Asian peers and a negative finish at Wall Street in overnight trade.
Higher rate of Covid-19 infections in the rural areas can adversely impact two-wheeler sales. CRISIL revised its two-wheeler volume growth estimates at 10%-12% against 18%-20% earlier.
CMDs at India’s top 500 listed companies had time till April 1, 2020, to comply with a SEBI mandate for splitting the role. Now they have got a two-year extension.