Multibagger Stock Declares Rs 3 per Share Final Dividend for Shareholders
Oil prices jumped 2% in today’s trading session as Saudi plans to deepen output cuts.
Brent oil futures were trading at $77.64 a barrel, up $1.51 (or 2%), from their session high of $78.73.
Paras Defence will hold a 30 % stake in the venture, while CONTROP will hold the remaining 70%.
Net sales for the quarter rose by 15.1% YoY, reaching Rs.138.10 crore
The company witnessed a 1% dip in may month sales
TVS Motor Company reported a 9% increase in sales in May
The company further highlighted that it has received these orders from State Government Agencies.
Trafigura Group, a commodity trading firm, has provided $200 million in funding for VRL, while Glencore International AG, a mining and natural resource corporation, has provided $250 million.
The government announced that from June 1 subsidy will be reduced to 15%.