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Source: Live Mint Hero MotoCorp share price gained over 3% on Friday after the auto major announced strategic investment into the electric three-wheeler category. Hero MotoCorp shares rose as much as 3.23% to ₹3,713.40 apiece on the BSE. The world’s largest manufacturer of motorcycles and scooters, Hero MotoCorp will acquire a 32.5% stake in electric…
Source: Live Mint But with competition heating up and the stock trading at historical highs, the next question is: can M&M sustain its dream run over the next three years, or is the best of the rally already in the rear-view mirror? Breaking down M&M’s growth story Over the past five years, M&M’s sales and…
Source: Live Mint Budget 2025-26 has placed emphasis on the backward integration of India’s electronic goods value chain and other capital-goods industries with a reduction in basic customs duty on components. Among the proposals are a reduction in the duty on open cells for television panels from 10%-15% to 5% and parts of open cells…
Source: Live Mint Top investment opportunities in 2025: In 2025, several vibrant industries will show up as excellent investment prospects as India’s economy continues its upward trajectory. Global trends are bringing about change and opening up new opportunities for investors as the new year draws near. According to industry analysts, investors can anticipate strong returns…
Source: Live Mint Indian stock markets have delivered an impressive 13 percent year-to-date (YTD) gain in 2024, with nearly all sectoral indices recording positive performance. The realty and pharma sectors stood out, posting gains of 39 percent and 32 percent, respectively. Meanwhile, indices like Nifty IT, Nifty PSU Bank, and Nifty Auto climbed over 20…
Source: Live Mint Amara Raja Energy and Mobility Ltd’s weak margin performance in the September quarter overshadowed its 12% year-on-year jump in standalone revenue. The revenue, which was in line with analysts’ expectations, was driven by increased traction in three segments: two-wheeler and four-wheeler aftermarket, two-wheeler original equipment makers, and exports. But rising input costs,…
Source: Live Mint With the automobile industry witnessing strong growth on account of increasing demand for four-wheelers, urbanisation, a shift towards electric vehicles (EVs), and strong government support, the Hyundai IPO couldn’t have come at a better time. Maruti Suzuki and Hyundai Motors are leading players in India’s automobile market, but which is the better…
Source: Live Mint The issue—a milestone for both the company’s parent Hyundai Motor Co. (HMC) and the Indian stock market as the country’s largest public offering so far—is a key part of Hyundai’s strategy to enhance the valuation of its global businesses as part of the South Korean government’s Corporate Value-Up Program. The programme seeks…
Source: Business Standard Share market today: Kaynes Tech had informed that the central government has approved the proposal of its wholly-owned subsidiary, Kaynes Semicon to set up a semiconductor unit in Sanand, Gujarat, on September 2. 4 min read Last Updated : Oct 15 2024 | 11:54 AM IST Kaynes Technology India shares hit a record…
Source: Business Standard Illustration by Binay Sinha 4 min read Last Updated : Oct 10 2024 | 2:18 PM IST Gujarat Fluorochemicals (GFL) shares hit a record high of Rs 4,696.35 as they rallied 7 per cent on the BSE in Thursday’s intraday trade on expectation of a significant earnings recovery in the financial…
