The SUV segment is currently experiencing one of the most significant transitions in its history: the gradual shift from internal combustion engine (ICE) platforms to electric architectures.
Mahindra & Mahindra, Bajaj Auto, Maruti Suzuki, Eicher Motors were among major losers on Monday as majority of automobile, banking and technology stocks witnessed selling pressure.
Emkay Global Financial Services has reiterated its BUY recommendation on Apollo Tyres Ltd., highlighting strong demand conditions, disciplined industry pricing, and improving operational efficiency
ICICI Direct Research has issued a BUY recommendation on RACL Geartech Limited, highlighting strong earnings visibility, an expanding premium order book, and growing exposure to global automotive p
ICICI Securities has reiterated its BUY recommendation on CIE Automotive India, setting a 12-month target of Rs 600, implying roughly 20% upside from the current market price of Rs 500.