The government launched the PM-E Drive (Electric Drive Revolution in Innovative Vehicle Enhancement) scheme on 1 October 2024 with a budgetary allocation of ₹10,900 crore to bolster the adoption of electric mobility in the country.
4 min read26 Sep 2025Stocks to buy for short term: Ajit Mishra of Religare Broking identifies three stocks, including SBI and Cipla, that show promising potential for short-term investments. Dive into his expert analysis and discover why these stocks could be your next big opportunity.
3 min read19 Sep 2025Ashok Leyland will still not shy away from acquisition, if it helps access new technologies or markets, Dheeraj Hinduja, chairman of the country’s third-largest commercial vehicle maker, said.
3 min read19 Aug 2025The Nifty Auto Index increased by 4%, driven by gains from Maruti, Hero Moto, and others, as the government plans tax changes before Diwali. With anticipated GST cuts for essential goods, Jefferies India identifies potential beneficiaries like small cars and two-wheelers.
2 min read18 Aug 2025Ashok Leyland's board, earlier in May, along with its Q4 results announcement, had approved a bonus share issue in the ratio of 1:1, meaning the company would allot one share at no additional cost to investors for every share held by them as on the record date.
1 min read17 Jul 2025Ashok Leyland shares declined for the second day on Wednesday as the scrip turned ex-bonus today. The company announced that it had set July 16 as the record date for determining eligibility for bonus shares. The company also stated that the bonus shares will be allotted on Thursday, July 17.
1 min read16 Jul 2025Ashok Leyland, on Wednesday, announced the record date for allotment of Bonus shares in the ratio of 1:1.
1 min read9 Jul 2025Demand for entry-level vehicles is declining in the domestic market due to tight liquidity and high interest rates. However, a recent RBI repo rate cut could revive the sector, benefiting companies like Hero MotoCorp, TVS Motor, and Maruti Suzuki, as liquidity improves.
2 min read11 Jun 2025Stock Market Today: Ashok Leyland to Samvardhan Motherson are among key auto stocks that saw a sharp rise after the 50 bps repo rate cut announced by the RBI MPC. The rate-sensitive auto stocks got a tailwind as RBI cut could reduce lending rates and spark demand for PVs and two-wheelers.
1 min read6 Jun 2025Ashok Leyland reported a 38.4% YoY increase in consolidated net profit for the March quarter, reaching ₹1,246 crore, compared to ₹900 crore last year. Revenue from operations was ₹11,906 crore, slightly below expectations of ₹12,196 crore.
2 min read23 May 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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