15.2 C
New York

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others


- Advertisement -

The Nifty futures contract traded on the Singapore Alternate signifies a optimistic begin to home equities. The contract was buying and selling at 17,442.50, up 25 factors or 0.14% from the earlier shut.

Adani Ports and Particular Financial Zone Ltd

The Adani group firm has accomplished the acquisition of Karaikal Port Pvt Ltd (KPPL) after Nationwide Firm Regulation Tribunal (NCLT) approval for Rs 1,485 crore.

Eicher Motors Ltd

The auto firm reported a 6.73 p.c rise within the gross sales of its motorbike, Royal Enfield at 72,235 bikes in March 2023 as towards 67,677 bikes offered throughout the identical interval final yr. For the monetary yr ended March 2023, Royal Enfield gross sales rose by 39 p.c to eight,34,895 bikes, its highest ever general gross sales in historical past.

Maruti Suzuki India Ltd

The carmaker posted its highest-ever whole gross sales of 1,966,164 items for the monetary yr 2023. Maruti Suzuki additional added that it offered 170,071 passenger autos (PVs) in March 2023, 324 items lower than the identical interval a yr in the past.

Hero MotoCorp Ltd

The bikes and scooters maker offered 519,342 items in March 2023, 15 p.c progress in gross sales over the year-ago interval. The homegrown firm surpassed 5.3 million unit gross sales within the monetary yr 2023. The corporate offered 53,28,546 items within the monetary yr, a eight p.c rise from the earlier yr.

Tata Motors Ltd

The Tata group firm stated its whole home wholesales rose by three p.c to 89,351 items within the month of March towards the corresponding interval an yr in the past. The corporate offered 86,718 items in March 2022. Within the monetary yr 2023, the corporate offered 9,31,957 items within the home market, a 35 p.c bounce over the monetary yr 2022.

CSB Financial institution Ltd

The lender reported a 21.39 p.c rise within the whole deposits for the quarter ended March 2023. The deposits got here at Rs 24,505.8 crore towards Rs 20,188.3 crore within the year-ago interval. The CASA and time period deposits elevated 16.06 and 24.09 p.c, respectively. The gross advance jumped 30.28 p.c to Rs 20,841.66 crore.

Karnataka Financial institution Ltd

The lender reported a 8.71 p.c rise to Rs 28,807.04 in CASA for the quarter ended March 31, 2023. The financial institution’s combination deposits rose 8.69 p.c whereas the gross advances elevated 6.16 p.c.

SpiceJet Ltd

The airline entered a enterprise switch settlement with subsidiary SpiceXpress and Logistics Personal Ltd for switch of its cargo enterprise on droop sale foundation.

Bharat Electronics Ltd

The defence PSU has achieved a turnover of about Rs 17,300 crore in the course of the monetary yr 2022-23, 15 p.c increased from the earlier yr’s turnover of Rs 15,044 crore. As of April 1, 2023, BEL’s order ebook is round Rs 60,500 crore.

UltraTech Cement Ltd | The corporate’s whole consolidated gross sales quantity rose 12 p.c within the fiscal yr 2022-23 to 105.7 MT. The general gross sales within the quarter ended March 2023 got here at 31.7 MT, 14 p.c up from the year-ago interval.

Godrej Properties Ltd | The actual property arm of the Godrej group stated it has acquired 4 acres of land close to Koregaon Park, Pune for improvement of a luxurious housing mission. The proposed mission has an estimated income potential of round Rs 1,000 crore.

Dilip Buildcon Ltd | The development firm has obtained letter of acceptance for improvement of six-lane entry managed greenfield freeway in Andhra Pradesh for Rs 780.12 crore from the Nationwide Highways Authority of India.

Disclaimer:Disclaimer: The views and funding ideas by consultants on this News18.com report are their very own and never these of the web site or its administration. Customers are suggested to verify with licensed consultants earlier than taking any funding choices.

Learn all of the Newest Enterprise Information right here

#Shares #Watch #Eicher #Motors #Bharat #Electronics #Tata #Motors #Adani #Ports

Related articles

Recent articles