Nomura noted that management remains mindful of internal rate of return (IRR) and intends to step up into full-fledged cell manufacturing only if reasonable returns are visible.
Ashok Leyland shares rose 3.75 per cent on Tuesday and registered an intra-day high at ₹132.8 per share on BSE after the company announced to invest in the development and manufacturing of batteries
Aditya Birla Fashion, Adani Total Gas, CESC, Granules India, IRB Infrastructure, Jindal Stainless, Poonawala Fincorp and SJVN are the eight stocks to exit derivatives segment post August expiry.
Chairman Dheeraj Hinduja told Business Standard that the company is in the final stages of coming up with a new unit in the region
Ashok Leyland Q1 FY26 profit rose to ₹657.72 crore on record CV volumes, improved market execution and cost discipline, with revenue up 9.5% and exports at an all-time high