Hero MotoCorp, Maruti Suzuki and Escorts hit record highs, while Exide Ind, JK Tyre and Tata Motors touched 52-week highs on the bourses.
It will launch a 1-litre engine version of Kwid this month
Tata Motors, Hero MotoCorp, Bajaj Auto, Ashok Leyland and Maruti Suzuki were up 1%-4% on the NSE.
With a better sales performance, the industry's April-June growth of 6.66 per cent was also set to improve
Subdued demand and rise in commodity costs hit the sector
Maruti decline sends sector growth below 3%
All new models launched after October 2017 will have to undergo crash tests and post Oct 2018, manufacturers will have to provide airbags and ABS on all models as standard
Total dividend income for seven firms grows 25%
It said given subdued demand and surplus capacities, industry has been in a consolidation mode over last 2 years
Delhi Auto rickshaw Sangh and Delhi Pradesh Taxi Union have threatened to take their vehicles off the city roads on March 15 and 16