Nifty futures on the Singapore Exchange were trading 40 points, or 0.22 per cent, lower at 18,183, indicating a negative start on Dalal Street on Monday.
Tata Consultancy Services: The board meeting of TCS is scheduled to be held on January 9, 2023, to consider and approve the company’s audited standalone financial results for the quarter and nine months ending December 31, 2022. It will also consider declaring a third interim dividend. to equity shareholders.
Maruti Suzuki: Maruti Suzuki India Ltd on Sunday reported a 9 per cent decline in total wholesale sales to 1,39,347 units in December 2022 as compared to a year-ago month. The company had registered total sales of 1,53,149 units in the same month in 2021.
Eicher Motors: The company’s motorcycle sales declined by 7 per cent to 68,400 units last month as against 73,739 units sold in December, 2021.
Tata Motors: The company reported a 10 per cent growth in domestic December sales at 72,997 units as compared to 66,307 units sold last year. For the quarter, it registered a sales growth of 17.7 per cent at 223,001 units. Segment-wise, the company’s passenger vehicle sales grew by 64 per cent, while commercial vehicle sales declined by 0.6 per cent.
Meanwhile, Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Limited, and Ford India Private Limited (FIPL) will complete the deal for the Sanand plant on January 10, 2023. TPEML had signed an entity transfer agreement on August 7. 2022, to buy Ford’s manufacturing facility in Sanand, Gujarat.
JSW Group Shares: Sajjan Jindal-led conglomerate JSW Group is looking to enter into manufacturing of electric vehicles, according to a top group official.
Coal India: The state-owned company’s total production rose by 10.3 per cent to 66.4 million tonnes in the month of December from 60.2 MT last year. So far in the financial year (FY23), the company’s production has increased by about 16 percent compared to the previous year. Meanwhile, sales for the previous month increased by 3.6 per cent to 62.7 MT versus 60.6 MT.
HG Infra Engineering: HG Infra Engineering Ltd has been declared LL bidder by Delhi Metro Rail Corporation Ltd for Rs 399 crore projectors.
Plastiblends: The company has achieved the highest ever revenue from operations at Rs 570 crore for the nine months ended December 31, 2022. The revenue in the October-December quarter stood at Rs 186 crore.
MOIL: Breaking a multi-year record, MOIL has recorded its best ever December production of 141,321 tonnes in December, 2022. Production has also increased by 18 percent as compared to November, 2022. Sales of 1,64,235 tonnes have also been recorded for the month. An increase of about 91 per cent as compared to November, 2022.
Navkar Nigam: Western Railway has approved the commissioning of Navkar Nigam Limited’s Gati-Shakti multi-modal cargo terminal from Wadharwa (NCLW) on Ahmedabad division.
RITES: RITES Limited signed a Memorandum of Understanding (MoU) with KIIFCON, a consultancy organization under the Kerala Infrastructure Investment Fund Board (KIIFB), to jointly explore, identify, secure and execute consultancy projects Is.
Shriram Finance: CRISIL Ratings Limited (CRISIL Ratings) has affirmed the CRISIL AA+ rating for the long-term debt of the company, and CRISIL A+ for the new name i.e. Shriram Finance Limited (formerly known as Shriram Transport Finance Company Limited) for its short term debt instruments in .
Punjab Sind Bank: The bank’s board has approved capital raising of up to Rs 250 crore within a period of 12 months.
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