Through this agreement, Ather Energy will gain access to BPCL's nationwide network of over 21,000 petrol stations, allowing the installation of Ather's fast-charging Grid.
Recommendation: Add; target price: Rs 750
In terms of the motorcycle tyre replacement market, he stated that growth was strong in the first quarter.
Given the plethora of engineering institutions in the Belgavi area, the availability of talent has never been an issue for any of its firms.
Recommendation: Reduce; target price: Rs 181
The proposed factory in Brazil will manufacture not only Bajaj models but also KTM AG motorcycles, in which Bajaj Auto holds a 48% share.
This decision follows a five-year interval since the government's previous move to sell its 51.1% stake in HPCL to ONGC for Rs 36,915 crore
According to news reports, Indian Oil and BPCL have already approved rights issues, while HPCL has been instructed to make a preferred share distribution to the government.
To facilitate the interconnection, GAIL will undertake the pipeline laying process, estimated to cost Rs 15.16 crore
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