Smooth ride for tyre exporter Balkrishna Industries as peers struggle

Larger listed domestic-focused tyre companies have underperformed the benchmarks in the last three months but exporter Balkrishna Industries has bucked the trend. The company, which exports......

Large order book, EV demand drive auto parts maker Sona BLW growth

Auto parts maker Sona BLW Precision Forgings (Sona) reported strong revenue in the fourth quarter of financial year 2023-24 (Q4FY24) as demand for electric vehicles expands. The company reported a......

Skid marks may appear in Street as oil prices wear out tyre stocks

Tyre stocks have been on a tear over the past six months, with average returns exceeding 45 per cent. Except for Apollo Tyres, which has seen a slight correction in the last month and a half,......

Analysts see more pain ahead for auto firms

The auto index has borne the brunt of the market decline, becoming the biggest loser among sectoral indices over the last month. Photograph: Amit Dave/Reuters It was also among the top losers......