Stocks in news: Stocks in news: Eicher Motors, LIC, TVS Motor, APL Apollo Tubes
DIPAM has agreed to the proposal of the company and Ministry of Power to form four Joint Venture companies for the development of Hydro and Renewable Projects in India and Nepal.
Royal Enfield sales were down 7% to 63,387 units in the month of December as against 68,400 units in the preceding month.
Read more: Here’s the trade setup for today’s session
The company has received communication/demand order for collection of GST along with interest and penalty for Maharashtra state.
TVS Motor recorded monthly sales of 301,898 units in December 2023 with a growth of 25% as against 242,012 units in the month of December 2022.G R Infraprojects
G R Infraprojects has been emerged as successful bidder and has received Letter of Intent for “Transmission system for Evacuation of Power from RE Projects in Rajgarh (1000 MW) SEZ in Madhya Pradesh- Phase II” through Tariff Based Competitive Bidding Process (TBCB).
APL Apollo Tubes
APL Apollo Tubes registered a sales volume of 6,03,659 ton in Q3FY24 compared to 6,05,049 Ton in Q3FY23 and 6,74,761 Ton in Q2FY24.
Dhanlaxmi Bank’s gross advance came in at Rs 10,350 crore for the quarter ended December, up 11% year-on-year.