At 2:30 pm on the BSE, Eicher Motor shares were down 1.61% at ₹3,954.85 after the monthly business update.
The commercial vehicle maker experienced a 4% year-on-year decline in total vehicle sales, amounting to 22,866 units in March 2024. Within this, domestic sales decreased by 7%, reaching 21,317 units during the same period. Specifically, medium and heavy commercial vehicle sales witnessed a 7% year-on-year drop, totaling 15,562 units in March 2024.
The Securities and Exchange Board of India (SEBI) has given the go-ahead for two companies to launch their initial public offerings (IPOs).
In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes.
Patel Retail, a supermarket chain focusing on tier-III cities in Maharashtra, has filed a DRHP with SEBI for its initial public offering (IPO).
Gold fell from a record top; the metal does best when yields are declining.
Following three days of gains, investors may opt for profit booking, leading to a pullback.
Usually, actual results are 2-3% better than provisional results, implying high probability of BHE meeting its revenue guidance, thus delivering strong operating leverage led earnings growth of >25% for FY24. Analysts of IIFL Capital Services keep forecasts unchanged; reiterate BUY with revised TP of Rs252 (19% upside) given higher certainty on earnings and attractive relative valuations at 29xFY26 EPS.
On Monday, the front-month contract reached its highest close since October 2023, at $83.71 per barrel.
March 2024 witnessed the highest-ever coal production of 88.6 MTs for any month, according to company data.

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