AUTOMOTIVE PARTS
Smallcap stock Rolex Rings share price rockets 26% in two days ahead of board meet to consider buyback
Rolex Rings shares surged nearly 9% as the company's board is set to consider its first-ever share buyback on April 23. The stock has seen a significant 35% rise in just six sessions, fueled by the buyback announcement and strong Q3 financial results. The company reported a 136% jump in net profit and improved EBITDA margins.
Trump tariffs here to stay, US trade official tells Mexican firms: Sources
US trade representatives have informed Mexico that President Trump's tariffs on auto and steel sectors are here to stay. These duties will not be removed even after the USMCA review. New proposals suggest 100% of key auto components must be sourced from North America. Mexico's industries face continued challenges with these trade policies.
Correction may be opportunity for some: 5 mid-cap stocks from different sectors with an upside potential up to 28%
Will they? Won’t they? Even as uncertainty persists over the proposed second round talks between the US and Iran, markets across the globe are showing resilience and, in fact, appear to be betting on a resolution of the Gulf conflict. This is especially true of the Indian markets, which has been giving out several positive signals. So, this phase of uncertainty is perhaps an opportunity for investors with a risk appetite.
India EV Boom 2026: Electric cars race ahead – until price, policy and reality hit the brakes
India’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However, high upfront costs and infrastructure gaps remain major hurdles. The nation aims for 30% EV sales by 2030, a challenging target given current penetration. Addressing these issues is crucial for India's electric mobility future.
Cheap batteries are taking over the world’s power grids
This boom, led by China's manufacturing prowess, is making batteries a crucial tool for grid resilience and a cost-effective alternative to fossil fuels, promising a revolution in power systems worldwide.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%
If you are putting fresh money into the market, it might be a good idea to stay with companies that don't have much to do with global supply chains and where the underlying product or service fulfills a “need” of people, or is “essential” in some way. The reason: With the ongoing Gulf war, we are not talking much these days about the impact of tariffs. But their impact will soon show up – both in terms of bottom lines as also the narrative on the street.
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Hyundai, TVS sign joint development pact for commercialisation of electric 3-wheeler in India
Hyundai Motor and TVS Motor are joining forces. They will develop new electric three-wheelers for India. This partnership aims to improve last-mile transport. Hyundai will lead design and technology. TVS will bring its electric platform and local market knowledge. Local manufacturing will be a key focus. This will create jobs and reduce costs. The first vehicle is expected soon.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 33%
To get clarity on the markets, there are three questions to which you need answers. First: When will the war end? Second: How long will it take to rebuild destroyed infrastructure? Third: How will the post-war geopolitical situation pan out? Now, the answers to all three are up in the air. So, expect a phase of uncertainty. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Life on Rs 11,000 a month in Noida: How workers survive on minimal salaries amid rising LPG prices and high rent
In Noida’s industrial belt, thousands of factory workers are struggling to survive on monthly wages of around Rs 11,000–Rs 14,000, pushing many into relentless overtime work just to meet basic living costs. Rising rent, inflation, and expensive essentials like LPG have left workers trapped in financial stress, where even taking a day off or falling sick leads to income loss. While Noida’s manufacturing sector supplies global brands and employs lakhs of workers, most unskilled employees say their earnings are insufficient, forcing them into debt and shared living arrangements.
US weighs tougher auto import rules to accelerate reshoring
The Donald Trump administration is considering changes to North American trade rules that could raise tariffs on imported vehicles and push automakers to increase US-based production.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 36%
Whether you are a trader or an investor, there is one thing to watch carefully in the coming days: Earnings. The reason why this is important is because the market is likely getting into sector-specific mode and there will be sectors which will outperform while others stay under pressure. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
India turns the tables on China: The great supply chain flip begins
India's electronics sector is transforming. For years, the country assembled products using imported parts. Now, Indian companies are exporting electronic components, even to China. This marks a significant shift from just assembly to deeper manufacturing involvement. This change is driven by government policies and global manufacturers.
Stellantis, Microsoft sign five-year partnership for AI push
Automaker Stellantis partners with Microsoft for five years. They will jointly develop artificial intelligence and cybersecurity. This collaboration aims to boost Stellantis' technology efforts. The partnership will also modernize Stellantis' IT infrastructure. This move helps Stellantis compete with tech-focused rivals. It focuses on enhancing vehicle features and customer experiences.
High-tech labs soon at Delhi ITIs for power electronics, EV, automotive sector training
Delhi's ITIs are getting a high-tech upgrade to train youth in power electronics, electric vehicles, and automotive sectors. New labs at Jahangirpuri, Jail Road, Arab Ki Sarai, and Mayur Vihar will feature advanced equipment, VR simulators, and EV-specific training, boosting skills for industry and self-employment opportunities.
ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?
The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and which get left behind? This company stands out because it is not built around one narrow-end market. It has automotive at the centre, but also has exposure to engineering, defence, aerospace and other industrial segments. That wider presence offers some support. Still, the main issue remains unresolved. A meaningful part of its current auto-linked basket belongs to the old combustion era, while its manufacturing capability may still travel into newer applications. This is less a collapse story and more a test of adaptation.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
What is evident in the last few trading sessions is how the street is treating Q4 earnings numbers. If a company delivers in terms of numbers, the street has money flowing into that stock. So, clearly, from a blanket bearish phase we have moved into stock-selective mode. ET Screener, powered by Refinitiv’s Stock Report Plus, lists quality stocks with high upside potential over the next 12 months, and having an average recommendation rating of “Buy” or "Strong Buy". This predefined screener is only available to ET Prime users.
Automation vs humans: How industry 4.0 is reshaping jobs in India's auto sector
Recognising that not all workers can transition to automated roles and creating alternative pathways for decent work to prevent polarisation of labour. Robots are marching into factories. What matters now is how firms and workers adapt. And how policy supports that transition.
West Asia war may have adverse implications for auto industry: SIAM
The war in West Asia could create near-term headwinds for India’s automobile sector through rising input costs, supply chain disruptions and pressure on logistics, Society of Indian Automobile Manufacturers (SIAM) President Shailesh Chandra said on Tuesday.
Indian AI firms take up super hard stuff
AI startups in India are now shifting their focus to move beyond applications and AI wrappers to build solutions in frontier deeptech areas, writes Swathi Moorthy.
Demand for senior technology leaders in India is bucking a slowdown in broader tech hiring
As per experts, many MNCs are considering shifting global tech positions to India, mostly to their GCCs. Ratna Gupta, senior partner, ABC Consultants, said the uptick in tech leadership hiring is strong, especially over the last two–three quarters in comparison to the first half of FY25 when companies were relatively cautious. There is an about 20% increase in mandates at the director, vice-president and higher levels, she said. “Quite a few country heads for GCCs are also coming in.”
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?
Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder Bhavish Aggarwal has shifted focus to fixing service issues and pushing aggressive price cuts and battery-led growth, even as competition from established players intensifies.
UK awards $510 million to Tata's Agratas for Somerset EV battery gigafactory
Here are some details on the announcement from the UK's Advanced Propulsion Centre (APC), with the funding forming part of a broader 470 million pound grant:
Former DeepMind researchers bet on visual AI with new startup
Andrew Dai has launched Elorian, a startup aiming to improve AI’s ability to understand and reason about visual information. Backed by major investors, the company is developing specialized models to support real-world applications like robotics and design, addressing limitations in current AI systems despite strong industry funding.
Ola alumni’s Manav Robotics in talks to raise $15-20 million from Blume, Qualcomm Ventures
Manav Robotics, a startup founded by former senior Ola executives Suvonil Chatterjee and Slokarth Dash, is in discussions with early-stage investor Blume Ventures and US-based Qualcomm Ventures to raise its maiden funding of around $15-20 million. The funding round could also see participation from a clutch of Indian founders.
UK awards $510 million to Tata's Agratas for Somerset EV battery gigafactory
Britain is providing 380 million pounds to Agratas, the battery division of India's Tata Group. This funding supports a new electric vehicle battery gigafactory in Somerset. The plant will boost domestic EV battery production and strengthen supply chains for zero-emission transport. It is set to be Britain's largest EV battery facility.
Anand Mahindra, among India's top 100 richest men, still gets emotional when it comes to coffee plants
Industrialist Anand Mahindra shared his deep personal connection to Karnataka's coffee estates, recalling his parents' investment in a Kodagu plantation in the 1960s. He spent his formative years working on the land, developing a practical understanding of coffee farming. While acknowledging Araku Coffee's global success, Mahindra's loyalty remains with his family's ancestral estate.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
The markets should be in a happy frame of mind till the time the current ceasefire in the Gulf region holds. Not many may like us using the words “till the time”. The reason for our scepticism stems from the fact that we are dealing with President Trump. One never knows what can happen the next day. It is just 24 hours since the ceasefire was declared, and we already have someone like US Vice President JD Vance describing it as a “fragile truce”, along with reports of Iran asking for a safe passage fee. So, remain cautious till an enduring peace materialises.
ET Prime Special Series: Multibagger or Bankrupt - Part 53: All vehicles need this auto ancillary’s product, but its EV future is still taking shape
This auto ancillary is not trying to be many things at once. It has stayed in one technical lane for years and built its business around a function every vehicle needs. That gives the story some stability. But it does not remove the risks. A large share of revenue comes from a few customers, the group is carrying unresolved contingent matters, and the gap between standalone and consolidated earnings shows the cost of building backward integration. In a sector moving toward EVs, this business still looks rooted in old strengths, while its next phase is only beginning to take shape.
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