The company will use the net proceeds from the issue for repayment of existing borrowings and other corporate purposes.
The company posted a total of two-wheeler sales of 2,47,024 units in December 2022 down by 23% from 3,18,769 units in the same month last year.
US markets closed for New year to reopen today even as investors worry over rising yields.
Railways register growth of 46% in Reserved Passenger Segment.
Production of mini cars comprising Alto and S-Presso models was 11,348 units last month as compared to 19,396 units in the year ago period, as per the filing.
Here are some stocks that may show significant price movement today.
Production of 66.4 MTs for the month of December’22 was the highest in this fiscal so far.
The offer will close on January 4 and the price band has been fixed at Rs 61-65 per share.

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