LUMAXTECH News Today

Paras Defence Witnesses 7% share surge following a joint venture with CONTROP

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Paras Defence will hold a 30 % stake in the venture, while CONTROP will hold the remaining 70%.

• 02 June, 2023
• 1:52 PM
• less than a minute

Tata Motors’ sales decline ~2% y-o-y to 74,793 units in May

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In May 2023, the company’s domestic sales of passenger vehicles stood at 45,878 units.

• 02 June, 2023
• 1:34 PM
• less than a minute

TVS Motors increase prices for electric scooter iQube

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The government announced that from June 1 subsidy will be reduced to 15%.

• 02 June, 2023
• 11:37 AM
• less than a minute

Aditya Birla Group to invest Rs 1,250 crore into its financial services subsidiary

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According to Aditya Birla Capital Ltd., the preferential issuance would take place at a cost of Rs 165.1 per equity share and is pending approval from shareholders.

• 02 June, 2023
• 10:22 AM
• less than a minute

Mahindra & Mahindra reports 14% y-o-y growth in May sales at 61,415 units

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Company’s domestic sales of Small Commercial Vehicles (LCV<3.5T) stood at 19,053 units.

• 01 June, 2023
• 3:02 PM
• less than a minute

Toyota logs sale of 20,410 units in May 2023

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The company’s domestic wholesales stood at 19,379 units in May 2023.

• 01 June, 2023
• 2:36 PM
• less than a minute

Centre to Sell 3% Stake in Coal India Ltd, Aims to Raise ₹4,158 Crore

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The floor price for the two-day OFS is set at ₹225 per share.

• 01 June, 2023
• 2:35 PM
• less than a minute

Bajaj Auto registers 29% y-o-y growth in May sales; stock jumps ~2%

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Total two-wheeler sales stood at 3,07,696 units last month.

• 01 June, 2023
• 1:45 PM
• less than a minute

Xiaomi, Dixon Technologies partner to manufacture smartphones in India

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Dixon is targeting the commencement of Xiaomi smartphone production by August-September.

• 31 May, 2023
• 3:09 PM
• less than a minute

Q4FY23 Review: IEX Ltd: Confident of volume recovery

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Recommendation: Add; Target Price: Rs 165

• 29 May, 2023
• 2:54 PM
• less than a minute