CLSA says that if current conditions persist for the next two to three months, there could be earnings cuts of 30 to 40 per ...
With retail traction improving, the brokerage expects discounting in the passenger vehicle segment to gradually moderate going forward.
If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.
The domestic brokerage house has maintained a ‘Buy’ rating on Belrise Industries, raising its target price to Rs 225 from Rs ...
Infineon Technologies shares rose more than 3% on Friday after J.P. Morgan upgraded the German chipmaker to “overweight” from ...
During the first Covid wave, over a 40-day period, Indian auto OEMs generally corrected in a range of 30-45 per cent, driven by fears of prolonged demand and production disruption, CLSA said.
If elevated oil prices persist, the brokerage warns of a potential 3040% earnings correction, in line with past periods of prolonged demand slowdown and cost pressures.
Vicksburg police chief warns residents of the recent cases.
will.i.am’s AI-powered ‘Trinity’ car aims to reinvent the daily commute ...
If buying a new car already feels expensive, there’s a reason—and it’s not going away anytime soon. U.S. auto tariffs introduced last year have already cost automakers more than $35 billion, and the ...
'They want to make pollution great again,' Gov. Gavin Newsom said in criticizing the climate protection rollback.
Auto stocks have been one of the victims of the military conflict between Iran and the US-Israel combine. The Nifty Auto index has declined about 13% in this month so far against a 9% drip in Nifty 50 ...