Auto stocks shed gains as demand outlook hazy after lockdown eases

New Delhi, May 5 -- The Nifty Auto index nosedived 7.2% on Monday following reports of zero sales by automakers in April because of the nationwide lockdown. A partial relaxation of the lockdown in not... Read More

Most vehicle makers drew a blank in April; M&M scored with some tractor sales

New Delhi, May 1 -- Auto sales came to a standstill for most companies in the month of April, except for tractor manufacturers. While all car companies, including industry leader Maruti Suzuki India L... Read More

Rebound in Tata Motors stock suggests the worst is behind but is it?

New Delhi, April 30 -- Tata Motors Ltd's shares jumped as much as 20% on Thursday, making it the top gainer among Nifty and Nifty Auto stocks. News that its subsidiary Jaguar Land Rover (JLR) has resu... Read More

Lockdown hits infra firms as execution stalls, toll revenue dips

New Delhi, April 29 -- The lockdown has dealt a big blow to infrastructure firms that were already facing dwindling order flows since FY18. Stalled project execution and toll collections in roads put ... Read More

Robust realisation lifts Ambuja's profit margins but lockdown woes weigh on stock

New Delhi, April 28 -- Ambuja Cements Ltd's March quarter (Q1CY20) results beat estimates on all counts. The firm's operating performance got a leg up from firm cement prices that perked up realisatio... Read More

Cummins India's valuation takes a hit as rising other income shows weak biz

New Delhi, April 27 -- The steady rise in Cummins India Ltd's share of "other income" (non-core business) in profits over the last few years, does not bode well for the company as it mirrors the susta... Read More

As realty firms brace for the worst, DLF's reduced leverage a saving grace

New Delhi, April 26 -- DLF Ltd shares have fallen 44% so far this year, which isn't surprising considering the expected sharp contraction in home sales and yields of commercial real estate. As one of ... Read More

Replacement market may power battery sales after the lockdown

New Delhi, April 24 -- The impact of the lockdown may be less harsh on battery makers, in spite of the expected 30-50% drop in domestic vehicle sales. The collapse in demand from original equipment ma... Read More

Lower input costs bolster ACC's operating performance but outlook remains weak

New Delhi, April 22 -- Cement manufacturer ACC Ltd recorded better-than-expected operating performance in the March quarter(Q1CY20). Lower input costs came to its rescue amid the sharp sales decline o... Read More

Auto stocks fall as recovery from the covid-19 crisis likely to be prolonged

New Delhi, April 22 -- Lower oil prices would have normally spurred auto stocks. But not quite, as the crude oil price crash took a heavy toll on India's auto stocks. The Nifty auto index dropped 5.3%... Read More