LANDMARK MOTORS
Consulting, technology firms top recruiters at ISB, 70 first-time recruiters make 190-plus offers
Consulting and professional advisory services firms dominated recruitment for the Indian School of Business PGP Class of 2024, representing 37% of offers. Overall, 394 companies, including over 70 first-time recruiters, extended 1,206 job offers to 850 students. As of early April, over 95% of the batch had secured placements.
At Popular Vehicles, job cards score over sales, making its issue a long-term bet
The Kerala-based company has demonstrated a disproportionately high share of operating profit from the superior-margin services business compared with new car sales, thanks to its strong last-mile network in the southern states.
Tata Motors' Sanand plant crosses 1 million car rollout milestone
Tata Motors' Sanand plant in Gujarat, India, reached a significant milestone by producing its 1 millionth car. Established 14 years ago, the plant initially focused on small car production but has since transitioned to producing electric vehicles (EVs) and compressed natural gas (CNG) cars. The plant's success reflects Tata Motors' commitment to innovation and sustainability in the automotive industry.
Terra Motors commits to enhancing EV charging infrastructure in Tamil Nadu
Terra Motors has committed Rs 50 crore to the Tamil Nadu government to improve electric vehicle infrastructure. The company, which has expanded its presence in India, plans to use advanced technology and global market knowledge to offer efficient electric vehicle solutions tailored to the state's EV market.
Vinit Bolinjkar is bullish on 3 stocks in power pack, auto ancillaries
“Exide brand will definitely help boost the EV battery space whenever they launch into this space and given the kind of strong returns that we are seeing coming in from the auto space I think this stock which is very undervalued compared to the rest of the sector should do very well going ahead.”
M-cap of BSE-listed firms hits record high of Rs 331 lakh crore
At the end of trade, the market capitalisation of BSE-listed companies reached Rs 3,31,05,425.71 crore, which translates to USD 3.97 trillion at the current exchange rate of 83.34, thanks to a fag-end recovery in the equity market after a highly volatile trade.
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Diwali Delight! Anil Kapoor drives home a luxurious Mercedes-Maybach S-Class worth Rs 2.69 cr
The 'Mr India' actor purchased a super-luxurious car for Diwali.
Time to be picky and go for high quality and good management stocks: Pashupati Advani
"One should be cautious in the auto sector due to high interest rates and inventory build-up. There will be consolidation and oneshould wait for better opportunities. Coming to real estate stocks, there is potential in second-tier town builders and well-known companies like DLF. Mumbai and NCR have lagged due to high supply and unaffordable prices. In the consumer discretionary space, the QSR sector is promising. One should be selective and choose high-quality stocks with good management."
BSE-listed firms' mcap touches record high of Rs 324 lakh crore
"Nifty has finally managed to touch the much-anticipated 20,000-mark in the second attempt after July 2023. Robust flows from local investors amid mixed/negative flows from foreigners have helped Nifty achieve this landmark
Sensex, Nifty log best week in over 2 months, led by energy, banking stocks
This week, the 30-share benchmark index advanced 1,211 points or 1.85% to settle at 66,599. The broader NSE Nifty rose 384 points or 1.97% to end at 19,820. The market capitalisation of all listed companies on BSE surged by Rs 8.5 lakh crore to Rs 320.9 lakh crore this week. Smallcap and midcap stocks extended their record run on Friday and were up 0.6% and 0.95%, respectively
Samir Arora on 2 storytellings that have failed in the market & why
"One storytelling which has failed and rightly so is chemical companies trading at 40 and 50 dimes as if they are some Levers and Colgates of this world. Other than SRF we missed all these chemical companies because we are not used to giving 40 multiple for some fellow making chemicals."
Invicto is Maruti Suzuki's big premiumisation leap. Will it be able to reinvent itself?
Maruti Suzuki India Ltd is moving into the premium three-row segment with its latest offering, Invicto. The company is seeking to reinvent itself as a premium brand with Invicto putting the company in an entirely new territory, the above-Rs 20 lakh segment. The increasingly crowded Indian market previously encouraged compact cars, but rising incomes, middle-class adventurism, and demand for premium vehicles have disrupted this.
Landmark Cars, Force Motors among 8 BSE small cap stocks surge to new 52-week highs
Several BSE Smallcap stocks reached their 52-week high and generated market excitement. AstraZeneca Pharma, Apar Industries, Force Motors, Angel One, Venus Pipes & Tubes, Surya Roshni, Talbros Automotive, and Landmark Cars were among eight prominent stocks that led this bullish trend.
Modi’s US visit: PM to meet Elon Musk, more than two dozen thought leaders in New York
Tesla is scouting for a location for its factory in India. During an interview by The Wall Street Journal, Musk was asked if the automaker was interested in the Indian market. "Absolutely," he replied. He said that Tesla was likely to finalise a location to set up its India factory by the end of this year.
3 sectors Dipan Mehta is bullish on for near term
So I would just like to wait for more consistent numbers, industry outperformance before I look at Tech Mahindra again. As I said, right now, the focus is on a lot of the midcap IT stocks.
Maruti zips past a big milestone, but will it regain its lost mojo?
Maruti Suzuki gained from being the first-mover in the small-car market, enjoying a monopoly for a long time. However, now with a wide range of car manufacturers to vie with, it needs to keep reinventing itself. In the car market, Maruti Suzuki is the leader by far at nearly 40%, with its rivals such Tata Motors and Hyundai lagging far behind, below 15%.
Q3 results this week: Adani Enterprises, Nestle, Nykaa, ONGC, Eicher Motors and others
Various widely-tracked companies like Adani Enterprises, Nestle, Nykaa, Steel Authority of India (SAIL), Oil And Natural Gas Corporation (ONGC), Bharat Forge, and Eicher Motors will be releasing their December quarter report cards this week. Here’s a list
This too shall pass as India is resilient; some Adani stocks attractive at lower levels: Gautam Trivedi
“We have added three stocks in the past quarter. Syrma SGS, we have added Landmark Cars, which recently IPO'd, and Sapphire Foods. And again, in the case of Sapphire and Syrma, we were very conscious about valuation protection, given all this talk about potential recession in the US and that in turn impacting the rest of the world. ”
Twenty Three for 2023: 23 ‘boats’ that must rise this year for India’s economy to weather the storm
There are a few things that India needs to be in its favour if it has to successfully navigate the gathering global storm.
2023 could be a great year for new age tech stocks: Dipan Mehta
So I would say that let us not write off these companies, they are in a very high growth zone and you could be surprised on the kind of numbers they can report on top line basis and some of the other quantitative and qualitative matrices on which we judge these companies.
Bajaj Auto can do a TaMo this year; 2 bank stocks to own for long term: Hemang Jani
“SBI in the last 15 years has not reported a ROE of 16%. But post this quarterly numbers, we would be able to see a 16% ROE reported by SBI which would be a very landmark event. That means that traditional valuation parameters that we were looking at valuing a PSU bank at 1 to 1.25 times price to book might change big time if the bank is able to report this kind of number.”
Tata Motors launches four variants of Nexon top trims
These variants will also be offered in 'Dark' avatar, the company said, adding with bookings commencing on Monday, the new variants will be available across all Tata Motors authorised dealerships.
Tata Motors overtakes Hyundai to grab the number two position in PV sales in December 2021
Tata Motors dispatched about 35300 units in December 2021 against 32312 units despatched by South Korean carmaker Hyundai Motor India. During the quarter of October to December, Tata Motors despatched close to 99000 vehicles and ended 2021 with sales of 3.31 lakh units.
Tata Motors reports 50 pc jump in PV sales to 35,299 units in December
"Tata Motors PV business growth journey continued and set several new milestones during the quarter despite witnessing a shortfall in production due to the ongoing semi-conductor crisis," Tata Motors President (Passenger Vehicles Business Unit) Shailesh Chandra said.
MG Motor India to launch collection of NFTs
At a time when the craze for non-fungible tokens (NFTs) is touching new highs, MG Motor India has become the first auto brand in the country to jump on to the bandwagon. The maker of the Hector and Gloster SUVs plans to launch its own collection of NFTs this month.
Comprehensive insurance cover may make new vehicles costlier by up to 10%
As per a Madras HC landmark judgement, vehicle owners now have to purchase mandatory ‘bumper to bumper’ cover, which means that along with the compulsory third-party insurance policies, consumers would also have to purchase motor own-damage (OD) insurance, as well as accident covers for co-passengers.
From wheelchairs to 'The Simpsons' scripts, Stephen Hawking's memorabilia acquired for UK public
The entire contents of Hawking's office at Cambridge will be preserved.
Carmakers can now take CCI to NCLT over landmark Rs 2,544-cr anti-consumer fine
CCI had held that these auto indulged in anti-competitive practices as they did not make genuine spare parts freely available.
JLR unveils Land Rover Discovery Sport Landmark Edition at Rs 53.77 lakh
It comes with new features such as Carpathian Grey contrast roof and sporty bumper.
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