The credit rating agency reaffirms the credit ratings of the company.
Mahindra & Mahindra (M&M) said that its overall auto sales for the month of January 2022 stood at 46,804 vehicles, up 20% YoY.
Alembic Pharmaceuticals rose 1.15% to Rs 765.35 after the company received a final approval from the United States Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Clarithromycin tablets USP, 250 mg and 500 mg.
Eicher Motors announced that VE Commercial Vehicles, an unlisted subsidiary of Eicher Motors, has achieved total sales of 5434 units in the month of January 2022 compared to 5673 units in January 2021, recording a decline of 4.2%. Powered by Capital Market – Live News
While there are concerns around inflationary risks due to the high commodity prices leading to fuel and food inflation, the government is betting on growth.
For agriculture, the FM announced that a new scheme will be launched in PPP mode under which farmers will be provided with digital and hi-tech services.
The company reported net sales of Rs 811.75 crore for the December 2021 quarter against Rs 738.86 crore for the previous corresponding quarter, reporting growth of 9.88% YoY.
80 lakh houses to be completed under PM Awas Yojana with an outlay of Rs48,000cr.

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