Two Wheeler News
Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand: FADA
Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand: FADA
2 min read9 Dec 2024Hero MotoCorp vs TVS Motor: Which auto stock should you buy at this juncture? Experts weigh in
As the Indian two-wheeler industry gears up for future growth, investors face a critical choice between two prominent players—Hero MotoCorp and TVS Motor. While both companies hold strong positions in the market, let’s see what experts suggest in the current landscape.
4 min read6 Dec 2024Bajaj Auto sees two-wheeler growth at 5% for FY25, trimming earlier expectations
Despite aggressive discounts, entry-level two-wheelers are struggling to gain traction.
3 min read16 Oct 2024Revving Up: Nifty Auto zooms 49% in 9 months; Motherson, Bajaj Auto and M&M drive gains with up to 110% rally
The Indian auto sector is witnessing a rebound after a subdued August, bolstered by two-wheeler sales and hopes of an RBI rate cut. The Nifty Auto index has risen 5% in September, with Bajaj Auto and Mahindra & Mahindra clocking strong returns.
3 min read30 Sep 2024After multibagger rally in 1 year, UBS sees 46% downside in Hero MotoCorp shares, retains ‘sell’ call
UBS has maintained a sell rating on Hero MotoCorp with a target price of ₹3,350, citing concerns over declining retail market share and rising inventory levels despite a 102% stock surge in the past year.
4 min read27 Sep 2024At record highs! Why HSBC prefers Bajaj Auto over TVS Motor Company?
HSBC prefers Bajaj Auto over TVS Motor, citing better growth prospects and margin resilience. Bajaj’s target price is ₹14,000, while TVS’s is increased to ₹2,800 with a ’hold’ rating, reflecting valuation concerns despite both companies’ strong fundamentals.
5 min read23 Sep 2024Eicher Motors: Up 50% from its 52-week low, is it the right time to buy the stock? Here’s what experts say
Eicher Motors: The stock hit its record high of ₹4,740.30 in intra-day deals yesterday (May 14). The auto major has now advanced 50 percent from its 52-week low of ₹3,159.20, hit on July 10, 2023.
7 min read15 May 2024ED Raids Hero MotoCorp Chairman Pawan Munjal; Shares Plunge Over 3% | Details
ED today raided the Delhi & Gurugram homes of Hero Moto Corp Chairman Pawan Munjal. Munjal has been accused of money laundering. ED took action after receiving inputs from the Department of Revenue Intelligence case. Recently, the DRI caught a close aide of Pawan Munjal with a large amount of undeclared foreign currency at the airport. A case against him has been registered under the Prevention of Money Laundering Act.
1 Aug 2023Is the craze for electric two-wheelers waning in India | Mint Explains | Mint
The video discusses the current state of India’s electric two-wheeler industry, which despite growing sales, is facing challenges such as the government withholding subsidies due to allegations of under-invoicing and not meeting localization requirements. Additionally, a spate of consolidation in the industry has resulted in bigger players taking bigger chunks of the market share while smaller startups struggle. While there is room for growth in the EV market in India, the article suggests that even the most pessimistic projections for EV penetration seem off the charts given the current challenges faced by the industry.
19 Jul 2023Two-wheeler sales to jump 12-14% on Covid-led preferences in FY22: ICRA
Expectations of a healthy rabi production, timely arrival of the monsoons, a hike in minimum support prices for kharif crops and other income support schemes by the government are likely to help revive rural demand sentiments and support the two-wheeler offtake in the festive season
2 min read1 Jul 2021Popular Topics
Budget
The 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