TVS Motor Company has recorded monthly sales of 333,646 units in June 2024 with a growth of 5% as against 316,411 units in the month of June 2023.
Posts in category Business Standard
97.87% of Rs 2000 Denomination Banknotes Returned; Rs 7,581 cr worth notes still with public, Says RBI (02-07-2024)
The Reserve Bank of India (RBI) on Monday said 97.87 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,581 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, has declined to Rs 7,581 crore at the close of business on June 28, 2024.
Hero MotoCorp total sales jumps 15% YoY in June’24 (02-07-2024)
The two-wheeler major sold 5,03,448 units of motorcycles and scooters in June 2024, which is higher by 15.20% as compared with sales of 4,36,993 units recorded in June 2023.
Allied Blenders and Distillers climbs on debut (02-07-2024)
Shares of Allied Blenders and Distillers were currently trading at Rs 314.40 at 10:32 IST on the BSE, representing a premium of 11.89% as compared with the issue price of Rs 281.
GOI Announces Sale Of Three Dated Securities For Notified Amount Of Rs 28,000 Crore (02-07-2024)
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) 7.02% GS 2027 for a notified amount of Rs 6,000 crore, (ii) 7.23% GS 2039 for a notified amount of Rs 12,000 crore and (iii) 7.30% GS 2053 for a notified amount of Rs 10,000 crore. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on July 05, 2024. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security.
Market trade near flat line; realty shares in demand (02-07-2024)
At 10:30 IST, the barometer index, the S&P BSE Sensex was up 43.91 points or 0.06% to 79,520.10. The Nifty 50 index added 12.40 points or 0.05% to 24,154.35.
Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results (02-07-2024)
Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector
Allied Blenders and Distillers lists at 14% premium to issue price (02-07-2024)
Shares of Allied Blenders and Distillers listed at Rs 320, a 14 per cent premium over its issue price of Rs 281 per share on the National Stock Exchange on Tuesday.
IOL Chem soars on China approval for cholesterol drug (02-07-2024)
IOL Chemicals & Pharmaceuticals surged 7.76% to Rs 441.05 after China’s National Medical Products Administration (NMPA) approved the company’s Fenofibrate drug.
This aerospace & defence stock skyrocketed 16% in a day, 36% in one month (02-07-2024)
Shares of DCX Systems rose 16 per cent hitting its 52-week high at Rs 440.40 per share on the BSE in Tuesday’s intraday deals.