Maruti Suzuki, Tata Motors in focus after declaring monthly sales

Image
Capital Market
Last Updated : Jul 04 2017 | 12:01 AM IST

Maruti Suzuki India's total sales rose 7.6% to 1.06 lakh units in June 2017 over June 2016. Domestic sales grew by 1.2% to 93,263 units in June 2017 over June 2016. Export sales jumped 95.8% to 13,131 units in June 2017 over June 2016. The announcement was made on Saturday, 1 July 2017.

Tata Motors passenger and commercial vehicles total sales (including exports) fell 9% to 40,358 vehicles in June 2017 over June 2016. The company's domestic sales of Tata commercial and passenger vehicles for June 2017 were at 36,854 vehicles, lower by 5% over 38,718 vehicles sold in June 2016. The announcement was made on Saturday, 1 July 2017.

Fertiliser stocks may edge higher after the GST Council announced reduction in GST rate of fertilisers to 5% from 12%. This decision was primarily taken in the interests of the farmers. The announcement was made after market hours on Friday, 30 June 2017.

NBCC (India) and Rail Development Authority, a statutory authority under the Ministry of Railways have signed a Memorandum of Understanding for re-development of 10 Railway stations i.e. Tirupati, Pudducherry, Eranakulam, Nellore, Madgaon, Thane, Lucknow, Kota, Gomati Nagar (Lucknow) and Sarai Rohilla (Delhi). The re-development of railway station would be integrated with Smart City features. The announcement was made after market hours on Friday, 30 June 2017.

JMC Projects secured three new orders worth Rs 710 crore. The order includes two water pipeline projects in Madhya Pradesh totaling Rs 257 crore, four commercial projects in Bangalore and Chennai totalling Rs 340 crore and one residential project in Chennai of Rs 115 crore. The announcement was made after market hours on Friday, 30 June 2017.

Kalpataru Power Transmission received new orders in the power and infrastructure sector worth Rs 676 crore. The announcement was made after market hours on Friday, 30 June 2017.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 03 2017 | 8:41 AM IST

Next Story