Supported by global R&D and strong local manufacturing, it manufactures automobile parts that comply with BS-VI and Euro 6 standards.
EBITDA for the quarter also came in positive at ₹47.50 Crore as compared to a loss of ₹30.70 Crore in the same quarter of previous year.
EBITDA for the quarter jumped more than twice to ₹60 Crore as compared to ₹25 Crore in the previous corresponding quarter.
Mutual fund folios grew 18.3% yoy; with the pace of growth slowing due to the high base effect
With a new quarter starting, debt funds saw a revival of flows at the short end of the yield curve
As per the details disclosed, the total capital commitment from each company will be about ₹3,600 Crore or $400 Million.
The company’s EBITDA margin widened to 37.4% from 27.4%. This is reflecting stronger execution and cost control.
Lower inflation was again led by food inflation, but near-zero inflation does raise demand concerns
While some of it was tempered by net outflows from secondary equity sales, equity overall added INR 27.57 billion.
Here are some of the stocks that may see significant price movement today: Tata Steel, Cochin Shipyard, IRCTC, etc.

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