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Ratan Tata, Tata Sons welcome SC dismissal of review petition by SP Group
Veteran industrialist Ratan Tata and Tata Sons on Thursday welcomed the Supreme Court's dismissal of a plea of the Shapoorji Pallonji (SP) group seeking a review of the verdict that upheld the Tata group's removal of Cyrus Mistry as Chairman of Tata Sons. Reacting to the development, in a statement Tata, who is the Chairman Emeritus said, "We would like to express our grateful appreciation o...
Key News - Tata Sons, Dr Reddy's Labs, APM Terminals Pipavav, Maruti Suzuki India, MakeMyTrip , Waaree, By ARETE Securities
Car makers Maruti Suzuki India Ltd and Hyundai Motor India Ltd led the industry in terms of passenger vehicle exports last month, Society of Indian Automobile Manufacturers Association (SIAM) said on Wednesday.
As per the export data released by SIAM, Maruti Suzuki had shipped out 18,216 units (17,131 units in April 2021) while Hyundai Motors exported 12,200 units last month (10,201 units).
The other passenger vehicle exporters last month were: Honda Cars India Ltd 2,034 units, FCA Indi...
Maruti, Hyundai led domestic, export sales in April
Semiconductor shortages subdued automaker Maruti Suzuki's production and sales in November.
Total sales last month fell on a year-on-year basis to 139,184 units from 153,223 units during the same period of the corresponding year.
Besides, domestic sales were 113,017 units, and sales to other original equipment manufacturers stood at 4,774 units.
The automaker exported 21,393 units in November, which is its highest ever in a month, it said.
"The shortage of electronic comp...
Maruti Suzuki's Nov sales fall to 139,184 units
Margin pressure continues, expensive valuations…
About the stock: Maruti Suzuki (MSIL) is the market leader in the domestic passenger vehicle (PV) space with market share pegged at ~48% and popular models being Alto, WagonR, Swift, Brezza, Baleno, Ertiga, etc, among others.
* Market leader in each sub-segment - cars (62.2%), UV (21.6%), vans (96.6%)
* Strong b/s; ~| 44,000 crore cash and investment on books as of FY21
Q2FY22 Results: The company posted a muted per...
Sell Maruti Suzuki Ltd For Target Rs. 6,000 - ICICI Direct
