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Stock market update: Nifty Auto index  falls  0.11% in  a weak  market
Stock market update: Nifty Auto index  falls  0.11% in  a weak  market

Time of India

time16 hours ago

  • Automotive
  • Time of India

Stock market update: Nifty Auto index falls 0.11% in a weak market

NEW DELHI: The Nifty Auto index traded negative around 11:08AM(IST)on Tuesday in a weak market. Bharat Forge Ltd.(up 0.94 per cent), Mahindra & Mahindra Ltd.(up 0.57 per cent), Samvardhana Motherson International Ltd.(up 0.54 per cent), Bosch Ltd.(up 0.49 per cent) and Bajaj Auto Ltd .(up 0.36 per cent) were among the top gainers. MRF Ltd.(down 1.57 per cent), Maruti Suzuki India Ltd .(down 1.21 per cent), Eicher Motors Ltd .(down 0.56 per cent), Tata Motors Ltd .(down 0.43 per cent) and TVS Motor Company Ltd.(down 0.35 per cent) were the top losers on the index. The Nifty Auto index was down 0.11 per cent at 23301.45 at the time of writing this report. Benchmark NSE Nifty50 index was down 85.65 points at 24630.95, while the BSE Sensex was down 327.92 points at 81045.83. Live Events Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red. Shares of YES Bank, Vodafone Idea, Ola Electric Mobilit , Suzlon Energy and Reliance Power were among the most traded shares on the NSE. Shares of Mangalore Chem , Deepak Fertilisers , AXISCADES Engg Tech, FIEM Industries and Radico Khaitan hit their fresh 52-week highs in today's trade, while Capital Infra Trust, Osia Hyper Retail , Gujarat Lease, Rajoo Engineers and Ebixcash World Money hit fresh 52-week lows in trade. ETMarkets WhatsApp channel )

Stock market update: Nifty Auto index  falls  0.21% in  a weak  market
Stock market update: Nifty Auto index  falls  0.21% in  a weak  market

Time of India

time2 days ago

  • Automotive
  • Time of India

Stock market update: Nifty Auto index falls 0.21% in a weak market

NEW DELHI: The Nifty Auto index traded negative around 11:25AM(IST)on Monday in a weak market. Mahindra & Mahindra Ltd.(up 1.57 per cent), Bharat Forge Ltd.(up 1.28 per cent), Eicher Motors Ltd .(up 0.25 per cent) and Exide Industries Ltd .(up 0.12 per cent) were among the top gainers. Hero MotoCorp Ltd .(down 2.19 per cent), Bajaj Auto Ltd .(down 1.84 per cent), Balkrishna Industries Ltd .(down 1.04 per cent), Tata Motors Ltd .(down 0.99 per cent) and TVS Motor Company Ltd.(down 0.99 per cent) were the top losers on the index. The Nifty Auto index was down 0.21 per cent at 23276.55 at the time of writing this report. Benchmark NSE Nifty50 index was down 104.11 points at 24646.6, while the BSE Sensex was down 345.41 points at 81105.6. Live Events Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red. Shares of Reliance Power , YES Bank, Vodafone Idea, Niva Bupa Health Ins and Suzlon Energy were among the most traded shares on the NSE. Shares of IFB Agro, Pennar Ind, Lumax Auto Tech , Madhya Bharat Agro and Shankara Bldg Prod hit their fresh 52-week highs in today's trade, while Quintegra Sol, Navkar Builders , SKIL Infrastructure , Varanium Cloud and Shree Ram Proteins hit fresh 52-week lows in trade.

InterGlobe Aviation Ltd (INDIGO) Gets a Buy from UBS
InterGlobe Aviation Ltd (INDIGO) Gets a Buy from UBS

Business Insider

time3 days ago

  • Business
  • Business Insider

InterGlobe Aviation Ltd (INDIGO) Gets a Buy from UBS

In a report released yesterday, Pramod Kumar from UBS maintained a Buy rating on InterGlobe Aviation Ltd (INDIGO – Research Report), with a price target of INR6,450.00. The company's shares closed yesterday at INR5,330.00. Confident Investing Starts Here: Kumar covers the Consumer Cyclical sector, focusing on stocks such as Mahindra & Mahindra Ltd., Bajaj Auto Limited, and Maruti Suzuki India Limited. According to TipRanks, Kumar has an average return of -11.1% and a 60.00% success rate on recommended stocks. InterGlobe Aviation Ltd has an analyst consensus of Moderate Buy, with a price target consensus of INR5,589.17, representing a 4.86% upside. In a report released today, Jefferies also maintained a Buy rating on the stock with a INR6,300.00 price target. The company has a one-year high of INR5,665.65 and a one-year low of INR3,778.50. Currently, InterGlobe Aviation Ltd has an average volume of 35K.

UBS Keeps Their Sell Rating on Bajaj Auto Limited (BAJAJ.AUTO)
UBS Keeps Their Sell Rating on Bajaj Auto Limited (BAJAJ.AUTO)

Business Insider

time3 days ago

  • Automotive
  • Business Insider

UBS Keeps Their Sell Rating on Bajaj Auto Limited (BAJAJ.AUTO)

UBS analyst Pramod Kumar maintained a Sell rating on Bajaj Auto Limited ( – Research Report) today and set a price target of INR8,000.00. The company's shares closed yesterday at INR8,607.00. Confident Investing Starts Here: Kumar covers the Consumer Cyclical sector, focusing on stocks such as Mahindra & Mahindra Ltd., Bajaj Auto Limited, and Maruti Suzuki India Limited. According to TipRanks, Kumar has an average return of -11.1% and a 60.00% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bajaj Auto Limited with a INR9,161.00 average price target.

Mahindra introduces Dolby Atmos in Thar ROXX AX7L variant
Mahindra introduces Dolby Atmos in Thar ROXX AX7L variant

Time of India

time5 days ago

  • Automotive
  • Time of India

Mahindra introduces Dolby Atmos in Thar ROXX AX7L variant

Mahindra & Mahindra Ltd., in collaboration with Dolby Laboratories , has announced the integration of Dolby Atmos into the Thar ROXX AX7L variant. This development marks the first instance of a sport utility vehicle globally being equipped with a 4-channel immersive audio system powered by Dolby Atmos. The Thar ROXX AX7L features a 9-speaker Harman Kardon branded audio system, with support for Dolby Atmos designed to enhance the in-cabin listening experience. The infotainment system also includes built-in access to Gaana streaming, allowing users to listen to Dolby Atmos-enabled music while on the move. Karan Grover, Senior Director, Commercial Partnerships - IMEA, Dolby Laboratories, said, 'We are excited about the possibilities that our collaboration with Mahindra can bring for customers, especially in India. With Dolby Atmos in Thar ROXX AX7L, we're taking the car journey to an entirely new level by transforming the interior cabin into a personalised concert hall on wheels, making every ride an immersive audio experience that complements the adventurous spirit of the Thar ROXX AX7L.' Velusamy R, President – Automotive Technology & Product Development, Mahindra & Mahindra Ltd., stated, 'At Mahindra, it is our constant endeavour to explore limitless boundaries in automotive innovation, and the Thar ROXX is a testament to that spirit. By being the first vehicle in the world to feature Dolby Atmos featuring 4 channels of immersive audio integrated into the premium 9-speaker Harman Kardon Branded Audio system, we are redefining the driving experience. No matter the terrain or conditions, the Thar ROXX delivers a sensory experience like no other SUV of its kind on the Indian roads, bringing every moment on the road to life with Dolby Atmos.' Mahindra has increased production of the Thar ROXX to address growing demand and reduce waiting periods. The collaboration between Mahindra and Dolby aims to offer a new benchmark in in-car technology, targeting consumers seeking performance, connectivity, and audio integration.

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