Mahindra to hike vehicle prices from next month
New Delhi, Dec 6 (IANS) Home-grown auto major Mahindra & Mahindra on Wednesday said it will increase the prices of its passenger and commercial vehicles from next month.The company said it...
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Maruti Suzuki c2 News & Analysis
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UP transport dept, Maruti to sign MoU for maintaining DTIs
Lucknow, Dec 1 (IANS) The Uttar Pradesh transport department will soon sign an MoU with Maruti Suzuki (NS:MRTI) for handling tasks related to automation, operation and maintenance of the...
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Auto manufacturers announce price hikes for January 2024 amid rising costs
NEW DELHI - Leading car manufacturers Maruti Suzuki (NS:MRTI), Tata Motors (NS:TAMO) (NYSE:TTM), Audi, and Mercedes-Benz (OTC:MBGAF) are set to increase vehicle prices starting January...
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Maruti Suzuki to hike car prices in Jan
New Delhi, Nov 27 (IANS) Maruti Suzuki (NS:MRTI) announced on Monday that it will hike the prices of its cars from January 2024. The country’s leading carmaker has informed the stock...
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Indian markets to close Monday in observance of Guru Nanak Jayanti
MUMBAI - India's major stock exchanges, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), will remain closed on Monday, November 27, in honor of Guru Nanak Jayanti. The...
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Maruti Suzuki India Ltd raises Suzuki stake with share issue
NEW DELHI - Maruti Suzuki (NS:MRTI) India Ltd has authorized the issuance of shares to Suzuki Motor Corporation at a price of ₹10,420.85 each, which will increase Suzuki's ownership interest...
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Stock market moves: Maruti Suzuki's share allotment, LIC increases stake in BoB, Wipro-NVIDIA collaboration
NEW DELHI - Maruti Suzuki (NS:MRTI) India's board is set to consider a proposal from Suzuki Motor Corporation regarding the allotment of shares this Friday. This corporate move comes as part...
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Riding high on October sales, automobile industry hopeful of strong sales on Dhanteras, Diwali (Ld)
New Delhi, Nov 10 (IANS) Riding high on the October sales of car and motorcycles, the market is upbeat on the occasion of Dhanteras, which is considered the most auspicious day in Hindu...
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Riding high on October sales, automobile industry hopeful of strong demands on Dhanteras, Diwali
New Delhi, Nov 10 (IANS) Riding high on the October sales of cars and motorcycles, the market is upbeat for a blockbuster Friday on the occasion of Dhanteras, which is considered the most...
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Religare Broking lists five Diwali investment picks with 23% upside potential
Religare Broking has recommended five stocks for Diwali investment, each offering an upside potential of approximately 23% over the next year, as reported today. The list includes Tata...
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Maruti Suzuki reports 19% YoY growth in October sales
Maruti Suzuki (NS:MRTI) India (MSI) reported a 19% year-on-year growth in its monthly sales for October 2023, setting a new record. This increase was primarily driven by robust domestic...
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Equity markets impacted more by spike in US bond yields than Israel-Hamas conflict
New Delhi, Nov 1 (IANS) With the ground war in Gaza intensifying, uncertainty surrounding the West Asian crisis is at its peak. It's not known how and when this war will end and what the...
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Auto sector anticipates growth despite seasonal sales dip
The Indian automobile industry, including major players such as Tata Motors (NS:TAMO) (NYSE:TTM), Maruti Suzuki (NS:MRTI), Hero MotoCorp , Mahindra & Mahindra (M&M (NS:MAHM)), Ashok...
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Nifty 50 firms post strong Q2 results, led by cyclicals
A total of 29 Nifty 50 companies have reported their Q2FY24 earnings, showcasing a robust 35% increase in consolidated net profit and over 9% rise in gross sales year-over-year (YoY). The...
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Maruti Suzuki’s Q2 Earnings Surpass Expectations, HDFC Securities Raises Target Price
Maruti Suzuki (NS:MRTI), the leading automaker in India, has reported robust Q2FY24 earnings with a profit after tax (PAT) of INR 37.2bn ($495 million), outperforming the forecast by HDFC...
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Nifty ends higher for second consecutive day
Mumbai, Oct 30 (IANS) Nifty ended higher for the second consecutive session on Monday. At close, Nifty was up 0.49 per cent or 93.7 points at 19140.9. Volumes on the NSE were the lowest...
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Maruti Suzuki India posts record Q3 profit and sales figures
Maruti Suzuki (NS:MRTI) India reported a record-breaking third quarter for the July-September period, with an 80.3% surge in net profit to Rs 3,716.5 crore ($498 million). The significant...
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Maruti Suzuki Q2 profit vrooms to Rs 3,716.5 cr
Chennai, Oct 27 (IANS) India’s largest car maker Maruti Suzuki (NS:MRTI) India Ltd on Friday said it had closed the second quarter of FY24 with an after tax profit of Rs 3,716.5 crore.In a...
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Tata Motors, Maruti Suzuki favored amid Indian auto sector's mixed recovery
Indian auto sector's gradual post-pandemic recovery continues to unfold with varied sales volumes results in Q2 FY2024. Three-wheeler sales have seen a significant year-on-year recovery, and...
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Tata Steel, Maruti, Tata Motors top losers as Sensex trades down
New Delhi, Oct 23 (IANS) With last week registering successively lower lows, the ongoing slide appears to gain momentum, setting up environment for a dive into the 19,350-230 region, says...
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Suzuki eyes to make India its global electric car manufacturing hub
New Delhi, Oct 18 (IANS) Maruti Suzuki (NS:MRTI)'s parent Suzuki Motor Corporation plans to make India its global electric car manufacturing hub with the first batch of vehicles expected to...
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KIOCL shares hit 20% upper circuit after Mangaluru pellet unit restarts operations
New Delhi, Oct 17 (IANS) KIOCL shares jumped by 20 per cent on Tuesday for the second session in a row after its Mangaluru pellet manufacturing unit commenced operations on October 14,...
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Maruti to issue Rs12,841cr worth shares to Suzuki for 100% stake in Guj plant
New Delhi, Oct 17 (IANS) The country’s leading car maker, Maruti Suzuki (NS:MRTI) India announced on Tuesday that it would issue shares worth Rs 12,841 crore to its parent company Suzuki...
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Maruti Suzuki opts for shares route to acquire 100% equity in Suzuki’s Gujarat ops
New Delhi, Oct 13 (IANS) Maruti Suzuki (NS:MRTI) is planning to issue preferential shares, instead of cash, to its parent firm Suzuki Motor Corporation to acquire a 100 per cent stake in...
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Infosys extends Temasek JV, while HCLTech records high bookings
In the midst of the ongoing market fluctuations, notable movements were observed within the technology sector. Infosys (NS:INFY) extended its joint venture with Temasek for an additional...
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Maruti Suzuki starts shipping out Jimny 5-Door SUV
Chennai, Oct 11 (IANS) Passenger car major Maruti Suzuki (NS:MRTI) India Ltd announced on Wednesday that it has commenced exports of sport utility vehicle (SUV) Jimny 5-Door.The vehicle will...
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Maruti Suzuki India partners with IDBI Bank for tailored financial solutions
Maruti Suzuki (NS:MRTI) India, the country's leading auto manufacturer, has entered into an initial agreement with IDBI Bank (NS:IDBI) to offer tailored financial solutions and...
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Nifty projected to hit 21,000 by December 2023, says ICICI Direct
ICICI Direct, in its recent report, has projected that the Nifty could reach between 20,700 and 21,000 by the end of CY23. This projection is based on historical data indicating that...
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Sensex regains 66k mark
New Delhi, Oct 10 (IANS) The BSE Sensex crossed the 66,000 mark during trade on Tuesday with a gain of 559 points.Sensex is trading at 66,072 points on all round buying in heavyweight...
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Maruti Suzuki India Faces Customs Duty Evasion Allegations
Major automobile manufacturer Maruti Suzuki (NS:MRTI) India has been accused by the customs department of evading Rs 16,27,085 in customs duties. The allegations, raised on Monday, suggest...
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Maruti Suzuki India unveils aggressive investment strategy, aiming to double production
Maruti Suzuki (NS:MRTI) India Limited (MSIL) has revealed an ambitious investment plan, with the aim to significantly expand its production capacity and product range by 2030-31. The...
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Nifty 50 index double-top pattern points to more pain ahead
The Nifty 50 index joined its other global peers like the Nasdaq 100, Dow Jones, and Nikkei 225 in a deep sell-off as bond yields jumped. The index crashed to a low of ₹19,421, the lowest...
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Maruti Suzuki gets Income Tax Dept order to pay up Rs 2,159cr
Mumbai, Oct 3 (IANS) Leading carmaker Maruti Suzuki (NS:MRTI) India Limited has received a Draft Assessment Order for Rs 2,159.70 crore from the Income Tax Authority, the company told the...
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Indian auto manufacturers report mixed September sales results
Indian automobile manufacturers have reported mixed sales results for September, with some companies exceeding expectations and others falling short, as per data released on Tuesday.Maruti...
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Maruti Suzuki gets GST notice for paying up Rs 139 crore
New Delhi, Sep 30 (IANS) Leading car manufacturer Maruti Suzuki (NS:MRTI) has been sent a show cause notice by the GST Authority proposing to demand Rs 139.3 crore as tax inclusive of...
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Maruti Suzuki's growth target questioned by HSBC, 'buy' rating maintained
HSBC has expressed reservations about Maruti Suzuki India Ltd. (NS:MRTI)'s seven-year growth target of 10%, forecasting a more modest compound annual growth rate (CAGR) of 6-7%. The bank...
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India should move to ethanol or hydrogen cars instead of electric cars: Maruti Chairman
New Delhi, Sep 27 (IANS) The carbon footprint of electric cars in India would be much bigger than that of hybrid cars because in the country, 75 per cent of the electricity is made from...
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Maruti Suzuki shares see moderate rise amid increased trading volume
Maruti Suzuki India Ltd. (NS:MRTI), a leading entity in the Indian automotive sector, experienced a modest increase in its share price on Monday. The shares rose by 0.47% to 10,586.25...
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Maruti Suzuki shares rise amid increased target prices by global brokerages
Maruti Suzuki (NS:MRTI), India's leading car manufacturer, has been experiencing a surge in optimism this September, with five prominent global brokerages - Citi, Jefferies, Morgan Stanley ...
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K’taka govt approves 91 investment projects worth Rs 7,660 cr
Bengaluru, Sep 16 (IANS) The Karnataka government's State Level Single Window Clearance Committee (SLSWCC) has cleared 91 industrial investment proposals worth Rs 7,659.52 crore with an...
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16 large-cap stocks hit 52-week high; Maruti, Ultratech Cement at all-time high
New Delhi, Sep 14 (IANS) Maruti Suzuki and Ultratech Cement (NS:ULTC) stocks hit all-time high prices on Thursday, as per BSE data.Maruti Suzuki (NS:MRTI) hit an all-time high of Rs 10,575...
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Auto shares slide as India proposes 10% GST on diesel vehicles
Auto giants Tata Motors (NS:TAMO) (NYSE:TTM), Mahindra & Mahindra (M&M (NS:MAHM)), Ashok Leyland (NS:ASOK), and Maruti Suzuki (NS:MRTI) India (MSIL) saw their shares decline...
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Tata Motors' Nexon facelift price leak stirs market ahead of official reveal
India's third largest carmaker, Tata Motors (NS:TAMO) (NYSE:TTM), has created a stir in the sub-compact SUV segment with the unveiling of the 2023 Tata Nexon facelift and Nexon EV...
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Maruti’s Undefeated Rally: Stock Hits Life High Again, Record Sales in August
By Malvika Gurung Investing.com -- Shares of the country’s largest car manufacturer Maruti Suzuki (NS:MRTI) recorded a new all-time high of Rs 10,397.95 apiece for the second straight...
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Maruti Suzuki Hits Lifetime High, More Steam Left?
By Malvika Gurung Investing.com -- Shares of the country’s largest car manufacturer Maruti Suzuki (NS:MRTI) recorded a new all-time high on Thursday, surging 2.74% to Rs 10,065 apiece in the...
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India sees over 120% growth in EVs, hybrid vehicles surge 400%
New Delhi, Aug 21 (IANS) India saw 120 per cent growth in electric vehicles (EVs) in the second quarter of this year, driven by a 400 per cent surge in hybrid vehicles, a report showed on...
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Nifty declines for fourth consecutive week
New Delhi, Aug 18 (IANS) Nifty posted its fourth straight weekly loss on Friday, as it fell for the second consecutive day, dropping 55.10 points, or 0.28 per cent, to settle at 19,310. The...
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Maruti Suzuki to issue shares to Suzuki Motor Corp to acquire SMG
Chennai, Aug 8 (IANS) The Board of automobile major Maruti Suzuki (NS:MRTI) India Ltd on Tuesday decided to issue equity shares on a preferential allotment basis to the Japanese parent...
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