Stocks/Share Market - Angel One

Maruti Suzuki, India’s largest carmaker, has announced plans to launch its first electric vehicle (EV) in the current financial year. The company will also encourage customers to adopt eco-friendly technologies like strong hybrids, biogas, flex fuel, and CNG to reduce emissions and fuel consumption. Maruti Suzuki Chairman R.C. Bhargava believes that a diversified approach, offering …

The Nifty Auto index has shown impressive growth, delivering a return of 35.77% in the past 6 months and about 60% in the last year. This remarkable performance has brought attention to some of the top-performing auto companies. Let’s delve into the best performers in the sector, based on their recent returns and other key …

On June 5, 2024, Maruti Suzuki launched the ‘Dream Series Limited Edition’ for its popular models: Alto K10 VXI+, S-Presso VXI+, and Celerio LXI, priced at an attractive ₹4.99 lakh (Ex-showroom). The brand has reduced the price range for Auto Gear Shift (AGS) Technology variants on select models, including S-Presso, Alto K10, Wagon-R, Celerio, Dzire, …

Nifty Auto Index Extends Its Winning Streak The Nifty Auto index has extended its winning streak for the sixth straight month, gaining nearly 5% in April alone. In the last trading session of the month, the index climbed almost 2%, marking a robust performance. This achievement can be likened to Yuvraj Singh’s memorable innings against …

The Indian Automobile industry is 4th largest automobile producer in the world, with an average annual production of 4 million motor vehicles. The sector is expected to grow at a CAGR of 8.1% in the upcoming forecast period. India is well reconfigured as an automobile production hub due to its low-cost production. Cheap labour, easy …

What Are Automobile Stocks?  Automobile stocks is a term that’s generally used to refer to companies that design, manufacture, market and sell automobiles like two-wheelers, three-wheelers, four-wheelers, passenger cars, commercial vehicles, tractors and trucks. The term may also be used to refer to companies that design, manufacture and supply automotive parts and components for a …

January 2024 witnessed a significant shift in Foreign Portfolio Investors’ (FPIs) behaviour in Indian equities, marking a departure from the positive momentum seen in December 2023. This article examines the details of this trend reversal, the driving factors, and its implications on the Indian market. FPIs in December 2023  A Positive Start Starting the year …

ITC Limited, formerly known as the Imperial Tobacco Company of India, is an Indian multinational conglomerate with headquarters in Kolkata, West Bengal. The company began modestly with a leased office on Radha Bazar Lane, Kolkata, which served as its initial hub, a vision pioneered by its founder. ITC full form is Indian Tobacco Company. ITC …

The Indian auto industry has been experiencing exponential growth post-pandemic and is   expected to reach Rs. 16 trillion by 2026. India’s annual production of automobiles has already surpassed 22 million in FY22. This growth has been driven by the middle class, which has been entering the two-wheelers segment, especially in Tier-II and III cities. The …