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Battery Stocks' Rally in India May Extend After $2 Billion Surge

Battery Stocks' Rally in India May Extend After $2 Billion Surge
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Battery stocks' rally may extend after $2 billion surge

Exide and Amara Raja added a combined market value of about $2 billion in April as investors boosted their bets in the nascent clean car market. Purchase subsidies, lower operating costs and state-level policy will continue to support growth in the industry, analysts said.

China , India , Amara-raja , Abhay-agarwal , Amit-hiranandani , Smifs-ltd , Hyundai-motor-co , Amara-raja-energy-mobility-ltd , Kia-corp , Exide-industries-ltd , Exide-industries , Hyundai-motor

India's January car sales surge as manufacturers look to build inventory

Indian carmakers reported record sales in January as they looked to build up inventory of new and refreshed models this calendar year, wholesale data from the companies showed on Thursday....

Bengaluru , Karnataka , India , Toyota-kirloskar , Amit-hiranandani , Maruti-suzuki , Toyota-indian , Harley-davidson , Nandan-mandayam , Bajaj-auto , Triumph , Eicher-motors

Bajaj Auto shares hit record high after Rs 4,000 crore buyback plan

Bajaj Auto plans to repurchase shares at a premium of 43 per cent, setting the buyback price at Rs 10,000 per share, a sizeable increase from the previous day's closing price of Rs 6,983.85.

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Indian two-wheeler wholesales inch closer to pre-COVID levels

Indian two-wheeler makers' sales to dealers inched closer to pre-pandemic volumes in October due to strong festive demand and discounts on entry-level models, data published by companies showed on...

India , Bengaluru , Karnataka , Savio-dsouza , Nandan-mandayam , Amit-hiranandani , Maruti-suzuki , Bajaj-auto , Eicher-motors , Tata-motors , Federation-of-automobile-dealers-association , Automobile-dealers-association

India's festive season bump unlikely to jumpstart rural auto demand - experts

A festive season bump would do little to spur a complete demand turnaround for tractors and two-wheelers in rural India, as high prices and the driest monsoon in five years have kept festival...

Bengaluru , Karnataka , India , Hoskote , Bharat , Janane-venkatraman , Massey-ferguson , Manish-raj-singhania , Hritam-mukherjee , Nandan-mandayam , Amit-hiranandani , Federation-of-automobile-dealers-association

India's festive season bump unlikely to jumpstart rural auto demand

India's festive season bump unlikely to jumpstart rural auto demand
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

India , Hoskote , Karnataka , Bengaluru , Bharat , Massey-ferguson , Janane-venkatraman , Nandan-mandayam , Amit-hiranandani , Hritam-mukherjee , Manish-raj-singhania , Reuters

Festive Demand Auto Sales: Festive season bump unlikely to jumpstart rural auto demand, ET Auto

Festive Demand Auto Sales: However, with most of the monsoon recovery having taken place only in September, FADA President Manish Raj Singhania told Reuters that a "complete turnaround" -- where demand for entry-level vehicles matches that of more premium ones -- is "not in sight for at least two years".

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Diesel vehicles tax India: Gadkari adds fuel to dreams of diesel-less Indian roads, but can it be done?

Nitin Gadkari, the Union Minister for Roads and Transport in India, on Tuesday hinted at the possibility of imposing a 10% 'pollution' tax on diesel vehicle sales, a proposal aimed at reducing pollution in the country. However, the automobile industry and investors are concerned about the potential impact of such a move.

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