The stock moved higher by nearly 6% to Rs 103 on the BSE in noon deal on back of heavy volumes.
Exceptional loss of Rs 379 crore and higher tax cost despite lower finance cost impact numbers
The composite articles are suitable for making structures for use in automobile, aerospace industries
The commercial vehicle maker has boosted its volumes and market shares through a smart mix of higher production, lower costs, culling of non-core assets, and expanding on a national scale
It wants to grow 10-fold in five years through strategic alliances
During 2015-16, total sales grew 34%, stock prices hits 52 week high of Rs 110.9
Thus far in the calendar year 2016, the stock rallied 25% as compared to 3.5% decline in the S&P BSE Sensex.
The company has earlier announced its plans to exit from non-core business and has sold shares in the Bank
Lockheed will provide the base platform for this development
The stock moved higher to its lifetime high of Rs 101, up 4% on the National Stock Exchange
The company plans to invest $10 million in the expansion project at Ras Al Khaimah
Firm continues to gain market share in commercial vehicles; other growth positives as well
The sales of medium and heavy commercial vehicles jumped 31%