Brokerages say TVS, Hero and Bajaj are at a greater risk than Eicher Motors
The company will launch its first electric scooter in March 2022
On the contrary, broader indices underperformed and ended mildly lower
NMDC posted an over six-fold jump in its consolidated net profit to Rs 3,191.30 crore in the first quarter ended June
The company said it has sold more than a million units of motorcycles and scooters in the first quarter despite coronavirus related disruptions
The Nifty IT index jumped 3 per cent and ended around record high levels of 32,245.
State-owned Power Grid Corporation of India board has decided to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services
Cumulative sales at four companies including Hero MotoCorp, Bajaj Auto TVS Motor and Royal Enfield during the month dropped by 2.4%
The country's largest two-wheeler maker Hero MotoCorp on Sunday reported a 13 per cent dip in total sales at 454,398 units in July
Hero MotoCorp has established presence in various global markets over the last few years.
Hero MotoCorp's stock has broken down below the last six week's price consolidation
The new Glamour Xtec is powered by a 125cc BS-VI engine.
Motorcycle maker Royal Enfield, part of Eicher Motors, said its total sales increased 13 per cent YoY to 43,048 units in June
The price hike has been necessitated to partially offset the impact of continuous increase in commodity prices, the company said
Two-wheeler maker Hero MotoCorp will hike its vehicle prices by up to Rs 3,000 from July to partially offset the impact of the higher commodity prices
Maruti Suzuki, Hero MotoCorp, TCS, and Infosys reported a jump between 44 per cent and 200 per cent in the April-June quarter of this financial year on account of a low base
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The prices will increase by up to Rs 3,000
Maruti Suzuki was the top-performing index stock as it rose over 4 per cent after the company said it would be raising vehicle prices in the July-September quarter
Expect to reach up to 90% of pre-Covid 2.0 levels