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Why are Hero MotoCorp shares rising today?

Hero MotoCorp said it will make an upward revision in the ex-showroom prices of its motorcycles and scooters, effective from December 1. The upward revision has been necessitated due to overall inflationary costs ....

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Latest News | Passenger Vehicle Sales Expected to Be Robust in July: Report

Get latest articles and stories on Latest News at LatestLY. Passenger vehicle sales are expected to be robust in July, driven by a large order book and production ramp-up, while commercial vehicle volumes may remain in an uptrend, a report said on Thursday.
Latest News | Passenger Vehicle Sales Expected to Be Robust in July: Report. ....

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Tata Motors shares: Auto stocks in focus ahead of Feb sales figures: Here's what to expect


NEW DELHI: Car and tractor makers are likely to report a strong set of auto sales numbers in February, but growth in two-wheeler sales may not be as strong despite a low base. Analysts said that the rising fuel cost may increase cost of ownership, while suggesting that hike in vehicle prices in January were insufficient to compensate for rising raw material cost which could lead to margin pressure for automakers in the March quarter.
Emkay Global expects personal vehicle (PV) industry growth at 15 per cent, with Tata Motors domestic volumes soaring 101 per cent and Mahindra & Mahindra s 29 per cent on a low base, thanks supply issues a year-ago. The brokerage pegs Maruti s sales growth at 7 per cent. ....

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