The domestic equity barometers extended losses in morning trade. The Nifty was trading below the 16,650 mark. Banks stocks declined for the second consecutive session. At 10:22 IST, the barometer index, the S&P BSE Sensex, was down 739.97 points or 1.32% to 55,507.31. The Nifty 50 index lost 162.70 points or 0.97% to 16,631.20. In the broader market, the S&P BSE Mid-Cap index rose 0.12% […]
TVS Motor Company fell 1.64% to Rs 607.60 after monthly sales stood at 2,81,714 units in February 2022 as against sales of 2,97,747 units in the month of February 2021, registering a sales de-growth of 5.38% Y-o-Y (year-on-year).
The credit rating agency assigns ‘Ind AA / Stable’ for Rs800 crore issue and reaffirms ‘Ind AA· /Stable’ for Basel III Tier II Bonds of Rs500 crore.
For outstanding Balance of Rs50 Lakh to less than Rs100 crore, the ROI is 2.90%.
Mahindra & Mahindras overall auto sales jumped 89% year on year in the month of February 2022 to 54,455 vehicles as compared to February 2021.
During February 2022, the total domestic sales of Eicher trucks & buses rose 5.6% to 5,093 units.
NMDC gains 2.97% to Rs 147.40 after the PSU miners iron ore production jumped 11.66% to 4.31 MT in February 2022 as against 3.86 MT in February 2021.
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