Stocks in news: Hero MotoCorp, Hyundai India, IGL, Maruti Suzuki, BEL
Agencies
Navratna defence public sector undertaking BEL has received additional orders valued at Rs 644 crore since its last disclosure on July 30.
Synopsis
The markets opened positively, buoyed by strong Q1 GDP figures. Hero MotoCorp reported an 8% YoY increase in sales, while Hyundai India saw a 4% dip. Maruti Suzuki began exporting its first BEV, the eVITARA, and BEL secured additional orders worth ₹644 crore.
Markets began the week on a positive note, supported by upbeat Q1 GDP data. In today's trade, shares of Hero MotoCorp, Hyundai India, IGL, Maruti Suzuki, BEL among others will be in focus due to various news developments.
Hero MotoCorp total sales stood at 5.54 lakh units, which is up 8% year-on-year.
AB Capital
Vishakha Mulye appointed as MD and CEO of the company with effect from September 1 for a period of 5 years.
IGL
IGL entered into a JV agreement with RVUNL for setting up of a solar power project
Hyundai Motor
Hyundai Motor India reported a 4% per cent decline in total sales at 60,501 units in August, as compared to the same month last year.
Maruti Suzuki
Maruti Suzuki commenced the exports of eVITARA, Suzuki’s first Battery Electric Vehicle (BEV) in August. The company shipped over 2,900 units of the new model from Pipavav Port in Gujarat to 12 European countries.
BEL
Navratna defence public sector undertaking BEL has received additional orders valued at Rs 644 crore since its last disclosure on July 30.
UPL
UPL arm acquired 49% stake in Grow ChemicalCo based out of Thailand.
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Hero MotoCorpHero MotoCorp total sales stood at 5.54 lakh units, which is up 8% year-on-year.
AB Capital
Vishakha Mulye appointed as MD and CEO of the company with effect from September 1 for a period of 5 years.
IGL
IGL entered into a JV agreement with RVUNL for setting up of a solar power project
Hyundai Motor
Hyundai Motor India reported a 4% per cent decline in total sales at 60,501 units in August, as compared to the same month last year.
Maruti Suzuki
Maruti Suzuki commenced the exports of eVITARA, Suzuki’s first Battery Electric Vehicle (BEV) in August. The company shipped over 2,900 units of the new model from Pipavav Port in Gujarat to 12 European countries.
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BEL
Navratna defence public sector undertaking BEL has received additional orders valued at Rs 644 crore since its last disclosure on July 30.
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UPL
UPL arm acquired 49% stake in Grow ChemicalCo based out of Thailand.
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