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In the broader market, the BSE MidCap increased by 0.95%, and the BSE SmallCap gained by 0.42%.

On May 2, at around 1:15 p.m., M&M's shares were trading higher at ₹2,197 a share, up 1.89% from the previous close on the NSE.

Eicher Motors, the listed parent of Royal Enfield, reported selling 81,870 motorcycle units in April 2024, marking a 12% increase from 73,136 units in April 2023.

The company reported last month that 1,794 units were exported and 18,700 units were sold domestically.

Godrej Consumer Products shares also demonstrated positive returns, with a 3.34% increase over the last month and a substantial 26.07% increase over the last six months.

The Brezza, Ertiga, S-Cross, and XL6 utility vehicles saw a sales increase to 56,553 units last month from 36,754 units the previous month.

Two-wheeler exports in March 2024 reached 1.30 lakh units, up 38% from 94,715 units in March 2023, while commercial vehicle exports rose by 42% to 14,630 units.

GE T&D India hopes to provide a complete turnkey solution covering hundreds of OPTCL substations with this project.

For the fiscal year 2023–2024, the firm announced a dividend of ₹6 per equity share with a face value of ₹2.

Revenue from operations witnessed a notable increase, reaching ₹8,893.99 Crore in the March quarter, marking an 11.65% rise from ₹7,965.98 Crore in the same period last year.