NDTV Profit has learnt that O.P. Bhatt was not asked to step down as Coforge chairman, but resigned soon after being asked to explain why his evaluation scores never reached the full board.
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Puneet Javeri joined NDTV Profit in 2024 and covers the Automobile, Building Materials and EMS Industry as Senior Research Analyst and is also a Markets Anchor. Auto Sector continues to be the main...
NDTV Profit has learnt that O.P. Bhatt was not asked to step down as Coforge chairman, but resigned soon after being asked to explain why his evaluation scores never reached the full board.
With rural demand outperforming urban markets and two-wheeler sales registering strong growth, the upcoming festive season will be a key period for the automobile industry.
Subject to regulatory appproval, the newly formed entity is scheduled to be listed on the NSE and BSE.
According to Singh, maintaining existing growth momentum and completing one acquisition worth roughly $500 million would be sufficient to achieve the FY30 target.
Tractor sales may cool off after a strong FY26, reflecting seasonal softness and base effects.
Despite the sharp run-up, several structural factors suggest the CV cycle may not be fully played out.
What has been interesting to see has also been the next line of capacity increase announcements by multiple companies, showing structural demand trends.
Tube Investments delivered steady results, but investor focus is shifting to how cash is being deployed. A growing allocation to new businesses is raising questions about near-term free cash flow and capital discipline.
In addition, Maruti Suzuki's bookings grew by nearly 25% compared with January 2025.
Brokerages also have put strong estimates for the month of January and suggest multiple winners this time around as well, a trend we have seen in the past couple of months as well.
The Nifty ended 25,048.65 points or 0.95% lower at 25,048.65. Sensex ended 769.67 points or 0.94% lower at 81,537.70.
Despite a strong 10-year run marked by sharp jumps in several years, all three stocks are looking likely to close 2025 in the red.
The momentum in auto sales, triggered by the GST cuts and festive season demand, has been sustained in November, estimates suggest.
Eicher Motors and Maruti Suzuki India share prices have risen 41% and 47%, respectively, on a year-to-date basis.
Consolidated net profit surged 14% year-on-year to Rs 1,572 crore in the July-September quarter.
Hyundai Motor India has given revenue guidance outlook for the next five years for which it eyes a revenue target of Rs. 1 lakh crore by FY30 versus Rs. 69,000 crore in FY25.
Tata Motors Demerger: The record date for the commercial vehicles business demerger is Tuesday, Oct. 14. Those who will be in the registrar will be eligible for shares of demerged entity.
Sept. Auto Sales Preview: Out of all auto majors, Eicher Motors is expected to see the highest and most eye-popping 55% growth.
The Munich Auto Show is an important platform for auto and tech experts to gauge the pulse of the industry,
Samvardhana Motherson's 'Vision 2030' stands out compared to the previous five-year plans due to the notable increase and mentions of Non-Auto verticals.