Nifty EV & New Age Automotive News and Updates

Name: Latest research reports of Exide Industries Ltd. authored by ICICI Direct and published by - Trendlyne research reports.
Item: Exide Industries Ltd.
Rating: 5
Author: ICICI Direct

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Eicher Motors Ltd.

09 Sep 2025

6941.00

-1.15%

Auto upcycle is here, says Morgan Stanley; Upgrades Maruti, Eicher, Hero

Business Standard

Among companies, Maruti Suzuki is expected to gain market share with new SUV launches and a revival in first-time buyers, prompting the brokerage to raise its target from 14,262 to 18,360.

Eicher Motors Ltd. is trading above all available SMAs

Bajaj Auto Ltd.

09 Sep 2025

8679.50

0.61%

Today's Stock Recommendation: September 9, 2025

Business Line

The stock idea that we have for you today is Bajaj Auto

Bajaj Auto Ltd. is trading below its 30 day SMA of 8930.7

Stock to buy today: Bajaj Auto (9,442.65) BUY

Business Line | 09 Sep 2025

TVS Motor Company Ltd.

08 Sep 2025

3456.10

-0.05%

GST revamp: Will reduce prices of ICE vehicles, says TVS CEO Radhakrishnan

Business Standard

TVS Motor Company on Monday said it will pass on the full benefit of the GST rate reduction to customers across its internal combustion engine portfolio. With the GST Council reducing GST rates on ICE vehicles from 28 per cent to 18 per cent, there will be significant savings on the company's products, TVS Motor Co said in a statement without divulging details. Electric vehicles remain unaffected and continue to enjoy the concessional rate of 5 per cent GST. The benefits will be available to customers starting September 22, 2025, it added. "The GST rate rationalisation is a bold and transformative move that will accelerate consumption across society...We will pass on the full benefit of GST rate reduction to customers across our ICE portfolio," TVS Motor Company Director & CEO, KN Radhakrishnan said. Further, the company said it will be undertaking extensive communication measures to apprise customers of the benefits accruing from GST rate reductions.

TVS Motor Company Ltd. has gained 39.58% in the last 6 Months

Samvardhana Motherson International Ltd.

08 Sep 2025

106.67

0.63%

Samvardhana Motherson's Vision 2030: Will The Next Five-Year Plan Beat The Last One?

NDTV Profit

Samvardhana Motherson's 'Vision 2030' stands out compared to the previous five-year plans due to the notable increase and mentions of Non-Auto verticals.

Promoters have decreased holdings from 58.13% to 48.60% in Jun 2025 qtr

Hero MotoCorp Ltd.

08 Sep 2025

5550.50

2.17%

Hero MotoCorp names Harshavardhan Chitale as new CEO

Business Line

Chitale will replace Vikram Kasbekar, who was named acting CEO after Niranjan Gupta resigned earlier this year

Hero MotoCorp Ltd. has an average target of 5396.12 from 8 brokers.

Hero MotoCorp Appoints Harshavardhan Chitale As CEO Effective Jan 2026

NDTV Profit | 08 Sep 2025

Maruti Suzuki India Ltd.

08 Sep 2025

15806.00

-1.00%

Maruti Suzuki, Eicher Motors, M&M In Fast Lane: BofA's Bullish Auto Sector Outlook Check Target Prices

NDTV Profit

In line with this bullish view, BofA has maintained a "Buy" rating on several key players and has also hiked the target price for all the companies it covers.

Maruti Suzuki India Ltd. has gained 23.95% in the last 3 Months

Exide Industries Ltd.

08 Sep 2025

398.05

0.76%

Exide Industries

Buy: Exide Industries Ltd.

Target

ICICI Direct

Exide Industries Ltd. is trading above its 200 day SMA of 384.3

Tata Motors Ltd.

07 Sep 2025

716.10

-0.31%

Four-wheeler EV registrations grow 11% in August as the festive season kicks off

Business Line

Tata Motors tops the table with a 15 per cent growth in August over July

Tata Motors Ltd. is trading at high day volume of 27.8M.

Samvardhana Motherson International Ltd.

07 Sep 2025

106.67

0.63%

Vision 2030: Consumer electronics a major lever for growth

Buy: Samvardhana Motherson Inte...

Emkay

We attended SAMIL’s analyst meet, where it laid out a bold and transformative roadmap over FY25-30. Having outperformed the auto industry 2.5x faster in last 5Y, SAMIL has set its sight on USD108bn revenue (4x vs USD25.7bn in FY25) and 40% ROCE by FY30.

Promoters pledged 0.48% of shares in last quarter. Total pledge stands at 2.90% of promoter holdings

Samvardhana Motherson International Ltd.

07 Sep 2025

106.67

0.63%

Aim high, unlock more: The path to value creation

Buy: Samvardhana Motherson Inte...

ICICI Securities Limited

Samvardhana Motherson International (SAMIL), at its analyst meet, presented its Vision 2030 where the company shared its aspiration to grow its gross revenue ~4x to USD 108bn over the next five years.

Geojit BNP Paribas released a Buy report for Samvardhana Motherson International Ltd. with a price target of 120.0 on 01 Oct, 2025.

Nifty EV & New Age Automotive PB	4.7
Nifty EV & New Age Automotive PE	32.6
Nifty EV & New Age Automotive DIV	0.9
Nifty EV & New Age Automotive EPS	95.2