Page 3 - Uno Minda News Today

The Nifty is just 250 points away from the 23,000 mark, while the Nifty Bank is also 2% away from the 50,000 mark.

Q4 auto sector is poised for revenue growth of 15% with EBITDA expected to rise by 28%. Brokerages foresee flat margins for some OEMs. Positive 2W demand trends noted. Top picks include TVS and Tata Motors.

Uno Minda: The plant with a with a capacity of 120,000 wheels per month will be set up in phases over the next 5 years with the phase 1 commissioning scheduled for Q2 FY26, the company said.

Auto components maker Uno Minda on Wednesday said it has commenced construction work on a passenger vehicle alloy-wheel plant in Haryana, entailing an investment of Rs 542 crore. The facility is located at IMT Kharkhoda in Haryana, and it will have a production capacity of 1.2 lakh wheels per month.

Reliances GRMs are currently at about $7.4 versus about $5.5 in the previous quarter. That is going to be a positive trigger. In the telecom business, the ARPU is steadily growing. InterGlobe Aviation is mirroring HDFC Banks past. Uno Minda and Motherson Sumi show promise in the EV space. IndiGo dominates market share. Pharma sector sees growth potential.

Deven Choksey discusses the positive trajectory of Adani Ports, Torrent Pharmas strategic growth approach, and Tata Consumers market readiness. The evolving market dynamics favor strategic expansions and operational stability for these key players. Choksey further says that automobile ancillaries give a good amount of opportunity at this point of time.

Uno Minda: TACHI-S manufactures and markets seat recliners for passenger vehicles in India. This collaboration was done to offer various products including recliners in the first phase with the intention to expand to other seating mechanisms, seat frames and complete seating assembly, the company said.

ACMA EV Expo 2024: The 4th edition of the ‘Transforming Mobility 2024 -Global Summit & Expo’ facilitated global and domestic opportunities for 50+ EV component manufacturers across vehicle segments.

Hybrid funds invest in both equity and debt with the goal of balancing risk and reward, and optimizing investment returns. The tax treatment of equity-oriented hybrid schemes is similar to that of equity schemes

A shift above the VWAP suggests a potential bullish trend, according to stockedge.coms technical scan data.