News Overview

The companys total auto sales in December 2021 stood at 362,470 units, down by 3% from 3,72,532 units sold in December 2020.

Hero MotoCorp sold a total of 394,773 units of motorcycles and scooters in December 2021, which is lower by 12% as compared with 447,335 units sold in December 2020.

Stove Kraft rose 3% to Rs 1002.80 after the company announced its plan to enter branded modular kitchen segment with its factory made Ready to Assemble (RTA) kitchen.

On a cumulative basis, the total sales of iron ore during April-December 2021 also increased to 28.36 MT.

The realtors are positive about the coming year as sales have picked up pace and likely to reach pre-COVID levels soon.

Information Technology stocks were trading in the positive zone, with the S&P BSE IT Sector index rising 438.15 points or 1.16% at 38282.64 at 09:50 IST.

Capital Goods stocks were trading in green, with the S&P BSE Capital Goods index increasing 336.76 points or 1.17% at 29087.48 at 09:50 IST.

Real Estate stocks were trading with gains, with the S&P BSE Realty Index index increasing 72.03 points or 1.88% at 3913.15 at 09:50 IST.

As a result, businesses have increased their efforts online and implemented eating policies that follow safety guidelines.

The company has completed the acquisition of 100% shareholding of Exide Life Insurance Company Limited from Exide.