Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Why Tata, Leyland are sprinting
Mint Kolkata
|June 19, 2026
Shares of Tata Motors Ltd (Tata Motors Commercial Vehicles) and Ashok Leyland Ltd have risen 13.6% and 14.3%, respectively, over the past five trading days, comfortably outperforming the Nifty Auto’s 3.7% gain.
What’s driving the outperformance? The biggest trigger is the recent plunge in oil prices. Brent crude has fallen 15% over the past six trading days to around $80 per barrel.
While lower crude prices benefit the broader automobile sector, the impact is particularly significant for commercial vehicles (CVs), where dependence on diesel remains high.
Alternative fuels remain far less prevalent in CVs than in passenger vehicles (PVs) or two-wheelers. Electric vehicle penetration in the CV segment remains low. Even CNG adoption is significantly lower. In FY26, CNG-powered vehicles accounted for 21.98% of PV sales, compared with just 11.7% in CVs.
That makes diesel fuel cost (due to lower penetration of electric and CNG) a far more important variable for CV economics.
Denne historien er fra June 19, 2026-utgaven av Mint Kolkata.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Kolkata
Mint Kolkata
Asahi forays into India in tie-up with Varun Bev
Japanese beverage major Asahi Group Holdings on Thursday announced its entry into India’s non-alcohol and non-carbonated drinks segment through a franchise partnership with Varun Beverages.
1 min
June 19, 2026
Mint Kolkata
Auto majors scale AI via IT arms, global partnerships
Tata Motors and M&M are scaling AI adoption in manufacturing, sales and technology
2 mins
June 19, 2026
Mint Kolkata
Coforge's FY30 plan is bold, but global macros hold the key
Coforge Ltd is looking to double revenue from about $2.6 billion in FY27 to $5 billion by FY30, and also improve profitability and free cash flows.
1 mins
June 19, 2026
Mint Kolkata
Centre to raise ₹13,000 cr via OFS in three state-run banks
Share sale to meet public holding norms; Govt may cross disinvestment target in FY27
2 mins
June 19, 2026
Mint Kolkata
L'Oréal buys majority stake in personal care co Innovist
Founders Rohit Chawla, Sifat Khurana and Vimal Bhola will continue running the business
2 mins
June 19, 2026
Mint Kolkata
Apple to raise prices on its products due to memory chip crunch, Tim Cook says
Cook, however, declined to offer details on the timing or scale of the planned price increases
4 mins
June 19, 2026
Mint Kolkata
SBI board clears ₹60,000 cr debt raise
The board of State Bank of India, the country’s largest lender, has approved a plan to raise up to ₹60,000 crore in FY27 through various debt instruments, including Basel III-compliant bonds, to support business growth and strengthen its capital base, the bank said in an exchange filing on Thursday.
1 min
June 19, 2026
Mint Kolkata
Cooling volumes fail to slow down behemoth's tech spend
National Stock Exchange of India Ltd (NSE) has finally taken the first step towards a public listing.
2 mins
June 19, 2026
Mint Kolkata
BoB eyes $500-mn dollar bond sale under RBI's hedge window
State-owned Bank of Baroda is preparing to raise about $500 million through a dollar-denominated bond sale as early as next week, three people familiar with the matter said.
1 mins
June 19, 2026
Mint Kolkata
Bharat Hotels set to focus on consolidation ahead of IPO
Even as hotel companies race to add rooms amid a hospitality boom, Bharat Hotels Ltd, owner of the five-star The LaLiT Hotels, Palaces and Resorts brand, is taking a different route.
2 mins
June 19, 2026
Listen
Translate
Change font size