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Texmaco Rail could be railway sector’s dark horse: Mayuresh Joshi
Mayuresh Joshi discusses the railway sector's potential, highlighting positive budgetary allocations and new projects. While manufacturing stocks like Titagarh and Texmaco Rail face margin constraints, infrastructure and financing stocks offer selective opportunities. Joshi also addresses Maruti's production adjustments due to rare earth magnet issues, anticipating a potential recovery in the auto sector's EV segment.
Buy, Sell or Hold: Nuvama recommends reduce on Coal India; Antique raises target price on MOIL
Brokerage views diverge on Coal India and MOIL. Nuvama downgraded Coal India due to weak volume trends and rising costs, while Antique is bullish on MOIL, citing record production and strong demand. Antique raised MOIL's target price, highlighting its impressive Q1FY26 performance and positive long-term prospects driven by the steel sector.
JM Financial maintains Buy on Tata Motors; raises target price to Rs 815
JM Financial maintains a buy call on Tata Motors, projecting a target price of Rs 815 by March 2027. This optimism is fueled by Tata Motors' strategic focus on market share gains in the PV segment and growth opportunities in CV export markets. The company aims for double-digit EBITDA margins in both its CV and PV-EV businesses by FY30E.
Multibagger or IBC - Part 10: 4% R&D spend, 300 patents; this company’s DNA has changed for the better
Sometimes, it’s the quiet ones you need to watch. This company spotted the EV shift in 2010, long before it was trendy, and has built a full-stack offering. Its latest EV tie-ups, including one that jacks up kit value to levels considered high in the industry, are a sign of how deep the EV play runs. With exports making up 9% of revenue and 700+ aftermarket dealers in India, it’s not just riding the OEM demand wave. Add to that 300+ patents and rising R&D spends, and you have a company betting big on innovation. Clearly one to track if you're following India’s EV transformation.
HSBC calls India a refuge amid global market jitters, recommends 5 stock picks
HSBC India outlook: HSBC calls India a rare safe haven amid global uncertainty, citing strong Q4 earnings and macro stability. It maintains a Sensex target of 82,240 and highlights HDFC Life, Ujjivan SFB, Godrej Consumer, UPL, and GAIL as top stock ideas.
Regional liquor players better placed amid price hikes: Dipan Mehta
Dipan Mehta from Elixir Equities expresses caution regarding Maruti Suzuki due to its lagging EV strategy and outdated models, leading to market share loss. He favors M&M and Eicher Motors in the auto sector.
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Reduce Tata Motors, target price Rs 733: HDFC Securities
HDFC Securities has a Reduce call on Tata Motors with a target price of Rs 733. The current market price of Tata Motors is Rs 724. Tata Motors, incorporated in 1945, is a Large Cap company with a market cap of Rs 261420.64 crore, which is operating in the Auto sector.
Buy Mahanagar Gas, target price Rs 1,705: ICICI Securities
ICICI Securities has a buy call on Mahanagar Gas with a target price of Rs 1,705. The current market price of Mahanagar Gas is Rs 1407.8. Mahanagar Gas, incorporated in 1995, is a Mid Cap company with a market cap of Rs 12947.30 crore, operating in Gas & Petroleum sector.
Why China's auto, tech giants threaten Tesla's self-driving future
Chinese EV makers, led by BYD, are challenging Tesla in self-driving technology by offering affordable EVs with advanced driver-assistance systems. BYD's "God's Eye" undercuts Tesla's FSD, leveraging lower component costs and government support. Tesla faces challenges in China due to regulations, competition, and a strategic shift towards robotaxis, while Chinese firms gain advantages through scale and data collection.
Elon Musk in dire straits, slashes Cybertruck prices by $10K as unsold inventory stack up in abandoned mall
Tesla Cybertruck faces sales challenges. Sales are lower than expected. Thousands of unsold Cybertrucks are parked in a shopping mall. The company sold only 6,000 units in the first quarter of 2025. Tesla is slowing production. Massive discounts and 0% financing are introduced.
Petrol’s popularity runs out of gas in FY25 as CNG's market share more than triples in 5 years
Car buyers in India are increasingly choosing compressed natural gas (CNG) vehicles due to high fuel prices and more options in a slow market. The share of CNG models in passenger vehicle sales rose from 6.3% in 2019-20 to 19.5% last fiscal, overtaking diesel cars. Petrol cars’ share dropped from 76.3% to 57.7%, while diesel sales stayed stable at around 17-19%.
Two-wheeler volumes likely to grow by 8-9% in FY26: Report
Driven by easing inflation, a favorable monsoon forecast, and rising EV adoption, domestic two-wheeler volumes are projected to grow 8-9% this fiscal year, surpassing pre-COVID levels. Export recovery and sustained urban demand supported FY25 growth, with expectations for continued momentum in FY26. Rate cuts by the RBI are expected to further enhance affordability and boost demand.
Next biggest opportunity will be thrown up by manufacturing in India: Mihir Vora
Mihir Vora of Trust Mutual Fund highlights India's manufacturing potential, driven by technology adoption and untapped resources. He favors domestic-focused sectors like financials and industrials, while being cautious on healthcare due to uncertainties. Vora sees significant opportunities in automation, robotics, and AI, anticipating a rise in listed companies in these areas.
Tata Motors aims to race past Hyundai, M&M riding on Rs 35,000 crore of investments
Tata Motors is investing heavily to challenge Hyundai in India. The company aims for a 16% market share by FY27, targeting 18-20% later. Focus areas include electric vehicles, software-defined vehicles, and new powertrains. Tata plans key product launches like the Sierra SUV. The company is expanding charging infrastructure significantly. They expect positive EV division EBITDA in FY26.
Silver bulls show no signs of slowing. Is Rs 1.23 lakh/kg the next target? Analysts predict
Silver prices have surged to record highs in 2025, driven by safe-haven demand amid geopolitical tensions and increasing industrial applications in green technologies. Analysts predict further gains, with targets ranging from Rs 1,10,000 to Rs 1,23,000/kg on the MCX.
China says willing to improve communication with countries on rare earth controls
China said it has approved some rare earth export requests and aims to refine its approval process. The move comes as India faces growing shortages, with recent export requests reportedly denied.
Zomato poised for smart rebound post capex cycle: Mayuresh Joshi
Quick commerce companies are investing heavily in dark stores, impacting earnings and cash flow. Competition is intensifying with JioMart and others entering the space. The EV sector faces headwinds due to China's control of rare earth materials and slowing global demand, potentially affecting Indian EV production despite government incentives.
Multibagger or IBC - Part 9: With exceptional margins, can this small-cap stock make it to the big league?
While the automotive industry grapples with EV transition uncertainties, this multi-technology components manufacturer has turned potential disruption into measurable opportunity. By CY2022, EV segments contributed 35% to the order book. The company's strategic foresight, evident since 2016, has translated into concrete business wins with major EV OEMs. And it has done so while maintaining pricing discipline in a margin-sensitive industry.
Tesla is being eaten alive by Chinese rivals it inspired
Tesla's Shanghai factory is experiencing declining output, impacting its market share in China's competitive EV landscape. Rivals like BYD and Xiaomi are gaining ground with innovative and affordable EVs. Despite Tesla's initial catalytic role, it now faces challenges in maintaining its position, with reduced capacity utilization and profit margins, compounded by external factors like political dynamics.
ICICI Securities maintains Add on Apollo Hospitals, raises target price to Rs 7,500
ICICI Securities maintains an Add call on Apollo Hospitals Enterprise, raising the target price to Rs 7,500. This revision reflects anticipated faster growth and improved margins in the pharmacy sector. The brokerage has increased revenue, EBITDA, and PAT estimates for FY26 and FY27, valuing the hospital business at 25x FY27E EV/EBITDA.
Tata Motors to give EV portfolio a premium edge with Harrier.ev, Sierra.ev
Tata Motors is expanding into the premium electric SUV market with the Harrier.ev, targeting affluent buyers and aiming to boost margins. While competitively pricing its EVs and focusing on cost reduction, the company is also working to revive fleet sales by offering value propositions comparable to CNG vehicles.
I-Sec maintains Add on Alkem Laboratories, revises target price to Rs 5,900
ICICI Securities maintains an Add call on Alkem Laboratories, revising the target price to Rs 5,900. The brokerage anticipates a revenue CAGR of 9.3% and a slight margin expansion for Alkem over the next few years. However, they have reduced EPS estimates for FY27E due to an anticipated higher tax rate, impacting valuation.
Fuel-efficient small car, where art thou?
Maruti Suzuki reports a decline in small car sales. The company seeks government support to revive the segment. Entry-level car sales have significantly dropped since FY16. Low-income growth and new safety features contribute to the decline. The shift in customer preference towards SUVs is also a factor. The company warns about the impact on the Indian automobile industry.
Tata Motors expands electric vehicle line up; drives in Harrier.ev
Tata Motors has expanded its electric vehicle lineup with the launch of the Harrier.ev, an all-electric SUV boasting a 500 km range. Priced from Rs 21.49 lakh, bookings start July 2nd. Shailesh Chandra anticipates attracting premium SUV customers, targeting a segment with 25,000 monthly sales. The Harrier.
I-Sec maintains Buy on LIC, target price Rs 1,040
ICICI Securities maintains a Buy call on Life Insurance Corporation of India (LIC) with a target price of Rs 1,040, citing valuations based on FY27E EV. The brokerage anticipates growth in APE and VNB margin, expecting a core RoEV of approximately 10.4% for FY26E/27E. LIC's embedded value shows sensitivity to equity levels and reference rates.
India's new flagship EV policy to be a ‘non-starter’ for global biggies
India is launching an EV policy to attract global automakers, offering reduced import duties for companies investing in local manufacturing. Tesla is unlikely to participate due to its preference for imports over local production.
Bajaj Auto thriving in chaos; maintaining 20% margin for 6 quarters: Rakesh Sharma
Bajaj Auto maintains a 20% margin for six quarters. The company focuses on the bottom line through strategic initiatives. Expansion in Africa may affect EV business margins. The EV sector contributes 21% to domestic revenue. Rakesh Sharma expects 5-6% industry growth, driven by the 125cc plus segment. Latin America performs well.
Tesla not interested in manufacturing in India, minister says
Tesla is unlikely to manufacture in India soon, according to Heavy Industries Minister Kumara Swamy, despite securing showroom space and job listings. India plans to invite applications under a new EV policy offering lower import duties (15% vs 70%) to automakers investing $486 million in local production.
Asian underdog & global biggies hit accelerator when Musk dodges desi market challenge
Vietnam’s Vingroup is entering India’s growing EV market through its arm VinFast, just as Tesla, after years of delay, prepares for its India launch. VinFast plans to open an assembly plant in India by June, backed by a $2 billion investment in Tamil Nadu. Although VinFast doesn’t see Tesla or BYD as direct competitors, India’s crowded EV space—with players like Maruti Suzuki, BYD, Hyundai, and MG Motors—poses challenges.
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