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Tata Motors Ltd.

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Viswanathan said the company will keep rooting for hybrid vehicles despite the government favouring only EVs in the country.

Moderation of GST base rate from 28% to 18% would have been the real demand stimulant.

Moderation of GST base rate from 28% to 18% would have been the real demand stimulant.

Analysts said the strength in automobile shares has been mostly driven by covering of bearish bets.

Rising volatility is giving the bears a tight grip and putting sustained pressure at every bounce.

Buy Tata Motors Ltd. at a price target of Rs 136.0 and a stoploss at Rs 117 from entry point.

Maybank Kim Eng Securities has a hold rating on Tata Motors with a target price of Rs 121.

If sales dont pick up in the remaining four months, Hyundai Motor India Managing Director SS Kim said India's vehicle market will suffer

Excluding corporate banks, Nifty is expected to deliver muted 3.4 per cent YoY growth in FY20.

The maker of the Harrier and Nexon SUVs, Prima range of trucks and Ace mini-trucks, however, expects this to be a temporary phase.

Owing to slowdown in the Auto sector, large carmakers such as M&M and Tatas are taking a detour around campus recruitments.

Automakers are observing no-production days in order to adjust manufacturing to the muted demand.

The Nifty Auto index was trading 0.76 per cent down at 6866.30 around 09:49 am.

Sell Tata Motors Ltd. at a price target of Rs 117 and a stoploss at Rs 124 from entry point.

Wipro is a 'Sell' call with a target price of Rs 244 and a stop loss of Rs 256.

The upgraded versions have new features adding to the sporty feel, performance and comfort value of the vehicles, the company said in a statement.

Tata Motors went for a day closure on August 1. It went for three block closure from August 8-10 and third block will be from August 16.

The company further said global wholesales of all Tata Motors'' commercial vehicles and Tata Daewoo range in July 2019 were at 26,168 units, down 35 per cent from the same month last year.

Reliance Powerreported 80 per cent decline in its consolidated net profit in June quarter.

Land Rover sales were at 26,559 units, up 5.6 per cent from the same month last year.

Land Rover sales were at 26,559 units, up 5.6 per cent from the same month last year.

Tata Motors' Q1 FY20 performance remained weak, despite expectations of a recovery .

Apart from Tata Motors, several other leading FMCG companies are currently occupying spaces at Raniganj Square Highway Hub as well.

Tata Motors and M&M will cut production at some plants in response to the slowing demand.

The auto index gained 960 per cent between 2009 and 2017 even as Sensex advanced 243 per cent.

The Nifty Auto index was trading 0.02 per cent up at 6793.80 around 09:47 am.

M&M said in a statement that it was only able to maintain margins due to falling commodity prices and the government must reduce the goods and services tax (GST) rate to spur demand.

Domestic benchmark index NSE Nifty was trading 9.40 points down at 10,938.85.

DIIs were net buyers to the tune of Rs 2,289 crore, data suggests.

The auto sector, which contributes more than 7% of India's GDP, is facing one of its worst downturns.

More than 60% of 125 firms have missed profit forecasts for the June quarter.

The petrol model of Nexon XT+ is priced at Rs 8.02 lakh while its diesel model has a price tag of Rs 8.87 lakh (ex-showroom, Delhi).

Sell Tata Motors Ltd. at a price target of Rs 55.0 and a stoploss at Rs 62 from entry point.

The Nifty futures of SGX were trading 134 points or 1.23 per cent down at 10,862.

The Nifty Auto index was trading 2.36 per cent down at 6769.80 around 09:45 am.

"There used to be close to 15-20 bookings each day, but now we're down to 3-5 on good days," said Gharpure, the general manager at the dealership.

NBFCs are a major source of financing for buying commercial as well as passenger vehicles.

NBFCs are a major source of financing for buying commercial as well as passenger vehicles.

Around 2.5 mn people were employed directly through 26,000 car showrooms operated by 15,000 dealers.

The first 300 of these fast-charging stations will come up by the end of this fiscal across key locations in Mumbai, Delhi, Pune, Bengaluru, and Hyderabad.

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