Auto sales preview: Heatwaves, Lok Sabha elections likely to dent retail automobile demand in May livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Auto component industry to double investment to $7 billion; Craftsman Automation could give 19% return. Premiumization trend drives shift to premium vehicles. UV mix in PVs at 60% in FY24. 125cc+ segment in motorcycles at 52% in FY24. Social media influences rural trends. Finance accessibility boosts premiumization. India targets net zero emissions by 2070, promoting EVs and biofuels.
BHEL, PI Industries, NMDC, Hitachi Energy, GE T&D India, Ircon International, NMDC Steel, Eris Lifesciences, Aether Industries, JK Tyre and other will announce their Q4 results later today.
Shriram Pistons & Rings: With a robust performance in Q4 and FY24, the company anticipates 5-7% growth in two-wheeler and passenger vehicle segments for FY25.
Dividend stocks: Ador Fontech, Nicco Parks among 4 stocks to trade ex-dividend today livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.