Automobile War : Tata Motors gunning for lost crown as Maruti gives up the gains

Midway through current financial year, Maruti Suzuki regulated to snatch the crown of the largest automobile company in the our country in terms of market capitalisation (m-cap) from Tata Motors.

Since then, it has been a big clash of the titans in the automobile industry, with the battle going to enter a new phase in the up-coming financial year.

Maruti Suzuki's market-cap stood near Rs 1,09,928.00 crs on 1st April, 2015, when Tata Motors' m-cap was a staggering Rs 1,92,518.07 crs, data compiled by experts.Click for Stock option tips

A year on, Maruti Suzuki is at the same level despite having lost close to Rs 31,000 crs in m-cap current year, while Tata Motors m-cap has fallen deeply to Rs 1,04,417.79 crs, a Rs 88,100 crs erosion in a matter of months.

"Tata Motors is a far better story at present level, with its commercial vehicle cycle playing out positively. We have got to just keep a tab on how the margins in China shape up.

Evidently, they are going very well in the US(United States) and even in the rest of the world," he contributed.

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Nifty futures reached high of 7,479 29 Jan, 2016

The 30-share index was trading at 24,590, up by 120 pts or 0.49 per-cent. Later on, it attained a high of 24,623.56 and a low of 24,340.06 in morning trade.Click For Nifty futures tips While the Nifty-50 was at 7,467 up 42 points or 0.57 per cent. It reached a high of 7,479.00 and a low of 7,402.80 in the first 30 minutes of trade.

The S&P BSE Midcap Index went up 0.35 per-cent and BSE S&P Smallcap Index was trading 0.28 per-cent high.

Sun Pharma (up 2 per-cent), M&M (up 2.3 per-cent), Coal India (up 2.1 per-cent), Gail India (up 2.1 per-cent), and ONGC (up 1.9 per-cent), were the major Sensex gainers.

ICICI Bank (down 5.2 per-cent), Maruti Suzuki (down 3.1 per-cent), Axis Bank (down 2.1 per-cent), State Bank of India (down 0.7 per-cent), and DRL (down 0.3 per-cent), were the major Sensex gainers.

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Nifty futures tips, Nifty-50 up 17 points 15 Jan, 2016

Nifty futures tips & updates : The 30-share index was trading at 24,844, up 71 pts or 0.30 per-cent. It attained a high of 24,912.64 and a low of 24,771.54 in morning trade.

The Nifty-50 was at 7,553 up 17 points or 0.22 per-cent. It reached an high of 7,566.50 and a low of 7,531.00 in the first 30 mins of trade.

The S&P BSE Midcap Index went up 0.64 per-cent and BSE S&P Smallcap Index was trading 0.91 per cent higher.

Infosys, Maruti Suzuki, RIL, Dr Reddy's Laboratories, and Axis Bank, were the major Sensex gainers.

ONGC, GAIL India, Wipro, and Bajaj Auto were among the major Sensex losers.

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