Hero MotoCorp, Vedanta, Sobha to be watched

Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from July 1, 2021.

Vedanta has been awarded the Kuraloi (A) North coal block, located in Jharsuguda district, Odisha. The mine has geological reserves of 1,680 million tonnes and an estimated per annum capacity of 8 million tonnes.

Sobha reported 64.69% slide in consolidated net profit to Rs 17.90 crore on 36.51% fall in total income to Rs 588.90 crore in Q4 FY21 over Q4 FY20.

The Phoenix Mills said that CPP Investment has completed Rs 180 crore investment in Mindstone Mall, a wholly-owned subsidiary company, by subscribing to 11,682 equity shares and 17.65 crore Compulsorily Convertible Debentures.

Century Plyboards (India) said its board of directors has considered a proposal for setting up a new unit in the state of Punjab for manufacturing of veneer and plywood.

Minda Industries has announced that it has won bid to acquire of 51% stake in leading automotive lighting manufacture UZ Chasys LLC (UZ Chasys) in Uzbekistan for a purchase consideration of 83.1 Bn Sams equivalent to about Rs 58 crore.

Powered by Capital Market - Live News