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Sales of auto majors decline owing to semiconductor shortage
Due to the semi conductor shortage, MG Motor India's retail sales dipped by 24% to 2,863 units in October amid production challenges
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Maruti Suzuki Q2 result: Here's what brokerages have to say
Most brokerages have cut their earnings estimates to factor in chip shortage impact
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Craze for SUVs is at its zenith
The value of the pending orderbook is estimated at Rs 35,000 crore.
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Semiconductor shortage hits Maruti Suzuki's production
Mini cars models, Alto and S-Presso's production was at 17,163 units last month as against 30,492 units in the year ago period
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Semiconductor shortage roils Maruti Suzuki’s September production
In September 2021, the overall passenger vehicle production stood at 77,782 units as compared to 1,61,668 units in the previous year
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Hyundai rides on Creta and Venue to beat Maruti on operating margins
The company's revenue rose 5% annually between FY16 and FY21, which was faster than Maruti Suzuki's growth of 3.38%
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Maruti expects production to be hit in Oct; shares fall 3%
Maruti Suzuki estimated that the total vehicle production volume across both locations could be around 60% of normal production.
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Maruti Suzuki to raise production in October
The country's largest passenger vehicle manufacturer is making arrangements to secure the supply of chipsets through multiple channels.
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Markets end on a flat note amid volatility; auto stocks outperform
Maruti Suzuki, rising over 6%, was the top Sensex gainer followed by M&M, Bajaj Auto, NTPC, Reliance Industries and HDFC Bank
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Maruti Suzuki may see rally up to 89%, should you buy?
Maruti Suzuki’s revenue to grow at a CAGR of ~18% from FY21 to FY25E and the operating margins of the company to improve by 440 basis points.
