Automakers dispatched over 3.47 lakh passenger vehicles to dealers in domestic market in May, recording an year-on-year growth of 4 per cent over same month last year, industry body SIAM said. The overall passenger vehicle (PV) dispatches from companies to dealers stood at 3,47,492 units last month, as compared to 3,34,537 units in May 2023. The dispatches were the highest ever for the month of May so far, driven by robust offtake of utility vehicles.
Posts in category Business Standard
Saksoft to acquire 100% equity in Augmento Labs for Rs 100 cr; stock up 15% (13-06-2024)
The surge in stock price came after the company announced that it has executed a Share Purchase Agreement to acquire 100 per cent equity interest in Augmento Labs Private Limited
Sensex rises 195 pts; realty shares jumps (13-06-2024)
At 10:29 ST, the barometer index, the S&P BSE Sensex, was up 195.69 points or 0.26% to 76,805.30. The Nifty 50 index rose 61.65 points or 0.26% to 23,379.10.
Bondada Engg hits life high on securing LoA worth Rs 939 cr (13-06-2024)
Bondada Engineering was locked in upper circuit of 5% at Rs 2,320.80 after the company received a letter of award (LoA) from NLC India worth Rs 939.39 crore.
L&T Finance gains 4% after 3.5% equity changes hands via block deals (13-06-2024)
As per reports, Bain Capital, and BNP Paribas were looking to offload remaining 3.5 per cent stake in LTF in a block deal today
Saksoft to acquire digital engineering services company – Augmento Labs (13-06-2024)
For cash consideration of up to Rs 100 cr
Whirlpool hits 52-week high on signing new marketing pact with HUL (13-06-2024)
The uptick in stock price came after the Whirlpool of India and Hindustan Unilever Ltd announced a new marketing alliance for Surf Excel, the laundry brand of the FMCG player
Whirlpool forges marketing alliance with Surf Excel (13-06-2024)
To provide superior fabric care and laundry experience
Bondada Engineering locks in 5% upper circuit after LoA from NLC India (13-06-2024)
Bondada Engineering stock price surged up to 5 per cent, locking at its upper circuit at Rs 2320.80 per share on the BSE in Thursday’s morning deals
Consumer Durables stocks rise (13-06-2024)
Consumer Durables stocks were trading with gains, with the BSE Consumer Durables index increasing 317.26 points or 0.55% at 57839.89 at 09:47 IST.