Auto-run shares were under certain selling force on Tuesday as auto sales declined sharply in August. The fall in sales in the past month has resulted in many brokerages down-grading their rating on all-stocks. The Nifty Auto Index, which represents Read more
Indian multinational and the largest tyre manufacturer MRF Limited reported a 15pc declines in its consolidated net profit to Rs.293.83cr during fourth quarter FY19. The Company, in the equivalent year-ago-period had posted a net profit of Rs.345.32-Cr. Revenue rose 6pc to Read more
Stocks in many Auto companies are reeling under pressure after reports that the two wheeler auto manufacturers are set to cut production. The inventories levels with 2-wheeler manufactures are reportedly high, which is compelling them to reduce production to rationalize Read more
Nifty Auto index falls in two consecutive sessions of trade with heavy selling force in stocks of Eicher Motors, Hero MotoCorp, Mahindra & Mahindra and Ashok Leyland.
Share markets India have started the day on a tepid note, with the Sensex falling nearly 133 points at 36121-marks and the Nifty is down at 10,865-levels during morning trade. The domestic opened marginally lower at 69.52 per US dollar on Read more
Stocks in Auto companies will be in focus since they are set to declare their monthly sales figures for December.