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.
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% […]
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.
Also, investors turned cautious as the economic growth slowed to 5.4 per cent in the October-December quarter against an 8.5 per cent growth in the preceding quarter.
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).
For outstanding Balance of Rs50 Lakh to less than Rs100 crore, the ROI is 2.90%.

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