The disappointing performance triggered a broader decline in the auto sector, with the Nifty Auto Index falling 3%, closing below 25,000 from the previous day's close of 25,909.
Shares of rival Hero MotoCorp fell 5.5% to its day's low, while Mahindra and Mahindra saw a 3.5% drop. Maruti Suzuki's stock dipped nearly 2%, and Tata Motors ended the trading session down by 1.45%.
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Maruti, Hyundai market share falls
The landscape of India's passenger vehicle (PV) market is undergoing a notable transformation as the dominance of long-standing players declines while new entrants gain ground.
MARUTI SUZUKI LAUNCHES NEW DZIRE WITH ENTRY PRICE OF RS 6.79 LAKH
Maruti Suzuki India on Monday launched a new and updated version of one of its highest-selling sedan 'Dzire' in petrol and S-CNG models.
EV registrations surge 26% YoY to reach 1.1 million units
Electric vehicle (EV) registrations saw modest growth in October 2024, primarily driven by a festive season demand boost, leading to a robust year-to-date (YTD) growth in EV penetration across all segments, according to the Haitong report.
Passenger car sales registered a de-growth of 17% in October
The Indian auto industry saw a modest month in October 2024, driven by festive demand during Dussehra and Diwali, which boosted consumer interest and vehicle purchases, according to the data from the Society of Indian Automobile Manufacturers (SIAM).
FESTIVE AUTO RETAIL SALES SURGE BY 11.76%
NEW DELHI According to the Federation of Automobile Dealers Associations (FADA), automobile retail demand during this year's festive season surged, with sales growing at 11.76 percent over last year's 38.37 lakh units.
INDIA'S SOCIAL PROTECTION GAPS AMID CLIMATE CHANGE: ILO URGES URGENT REFORMS
M argaret Mead, the famous anthropologist, once observed, \"The first sign of civilization is not a sharpened stone or tool, but a healed femur.
Dehradun Literature Festival: A celebration of stories, ideas and community
Nestled in the serene foothills of the Himalayas, Dehradun came alive once again as it played host to the much-anticipated Dehradun Literature Festival (DDLF).
RICKY KEJ HOPES TO WIN A GRAMMY FOR SOLO ALBUM 'BREAK OF DAWN'
Ricky Kej's first solo album is on its glorious way.
Delhi Court allows ED more time to verify AAP MLA Khan's FDR
Delhi's Rouse Avenue Court on Saturday has granted time to the investigating officer of the ED to verify the Fixed Deposit Receipt furnished for the court for the release of AAP MLA Amanatullah Khan.
'ILLEGAL IMMIGRATION ALTERING MUMBAI DEMOGRAPHY'
Illegal immigration from Bangladesh and Myanmar pressures Mumbaiâs resources, impacting jobs, security, and politics.
