Category: Business

Stock Mantra | Hero Moto falls 25% in 6 months, but could rally 36%

Shares of  the world’s largest two-wheeler manufacturer, fell 25 percent within the past six months, becoming the most important loser among auto stocks during this period. The stock underperformed the Nifty Auto index, which declined about 10 percent, and therefore the Nifty 50, which gained quite 9 percent. The drop by the Hero MotoCorp share […]

Avoid selling diesel cars, look for alternatives: Nitin Gadkari urges carmakers

Union Minister Nitin Gadkari has urged carmakers to discourage production and sale of diesel cars and promote other technologies to scale back vehicular pollution. Gadkari, while addressing a conference organised by auto industry body SIAM on Wednesday, said carmakers should spend more fund to seek out alternatives to diesel in an attempt to curb carbon […]

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