Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.
Motorcycle sales registered 4.34 lakh units against 4.05 lakh units in the quarter ended June 2021.
The domestic slowdown and growing acceptability of Made-in-India brands offer opportunities to accelerate the drive to global markets
Shares of TVS Motor and Eicher Motors have rallied up to 20 per cent each in the last one month as against a 6 per cent rise on the Sensex.
TVS Motor Company on Friday said its board will meet later this month to consider raising funds through debentures. The company's board will consider and approve fund raising through issue of non-convertible redeemable debentures on a private placement basis, in one or more tranches/ series, it said in a regulatory filing. Details about the amount that it plans to raise through the issuance of debentures were not disclosed.
Analysts expect 2Ws to reflect strong volumes in Q2FY23 amid strong pent-up demand, and improved mobility in June quarter 2022 (Q1FY23)
Volume recovery, market-share gains, and EV plans are other triggers
CLOSING BELL: It was, largely, a broad-based rally where the Nifty PSU Bank index advanced the most, up 3.4 per cent
Stocks to Watch: Titan on Wednesday said its sales in the April-June quarter were up nearly three-fold on a year-on-year basis, helped by a low base of the Covid-19 impacted quarter in the last year.
Ronin motorcycle will have technology like voice assistance and enhanced connectivity and it will have an exclusive range of branded merchandise and custom accessories, TVS Motor Company said
Designed ground up, the bike comes with many firsts in terms of technology and convenience features like dual-channel ABS, voice assistance, and enhanced connectivity.
In the past, the stock had soared up to 7-fold on two instances, a similar trend seems to be playing on the long-term charts currently.
From rotating chairmanship to handing over firm to professionals, top family businesses have tried different formulae to ensure smooth transition
The app can be used for car sales and leasing as well; membership costs Rs 4,999 for a three-year subscription
CLOSING BELL: M&M, Tech M, Dr Reddy's Labs, Reliance Industries, HCL Tech, and Tata Steel were the top gainers on the 30-pack index
In the past five days, the stock price of Chennai-based auto-maker soared over 10 per cent, as against 1.6 per cent rise in the S&P BSE Sensex.
Stocks to watch today: Bajaj Auto approved buyback of shares worth up to Rs 2,500 crore; Moody's upgraded Tata Steel's outlook to 'positive' from 'stable'
TVS Motor Company is coming up with multiple products in the two- and three-wheeler segments
The iconic British motorcycle maker, now owned by India's TVS Motor Co., will work with six UK partners including Delta Cosworth, HiSpeed Ltd
Stocks to Watch Today: Bajaj Auto to consider share buyback on June 14 after 22 years; The 30-day lock-in period for anchor investments in LIC IPO ends on June 13.