June Auto Sales: Escorts Kubota meets estimates with a 2% growth over last year

Escorts Kubota exported 501 tractors in June this year, which is more than double the 234 tractors it had exported in June last year.

Escorts Kubota exported 501 tractors in June this year, which is more than double the 234 tractors it had exported in June last year.

Hero Motors manufactures engine and transmission components for two-wheelers and has a global clientele that includes brands such as BMW, Ducati, and Harley-Davidson.

Out of the 24 analysts that have coverage on the stock, 22 have a “buy” rating and two have a “hold” rating.

Ellenbarrie intends to repay debt amounting to ₹210 crore through net fresh issue proceeds. Further, ₹104.5 crore will be used for setting up of an air separation unit at Uluberia-II plant with a capacity of 220 TPD, and the remainder…

Indogulf Cropsciences IPO listing date has been tentatively fixed as July 3. The company’s shares will be listed on both the BSE and NSE.

The plot area is said to be 11.19 acres and is likely to benefit over 1,400 families by unlocking a saleable area of nearly 20.7 lakh square feet and a Gross Development Value of ₹4,521 crore.

The US dollar index fell sharply to a multi-month low of 96.61. Concerns grew over the Federal Reserve’s independence amid reports that President Donald Trump is considering replacing Fed Chair Jerome Powell.

According to Nuvama’s market analysis, Reliance Industries has begun external sales of solar modules, which it forecasts could add 6% to profit and unlock a huge valuation upside, comparable to peers such as Waaree Energies and Premier Energies.

IPO Listings Live Updates: Four companies, Ellenbarrie Industrial Gases Ltd., Raymond Realty, Kalpataru and Globe Civil Projects are set to make their debut on Dalal Street today. Barring Raymond Realty, the three other companies have opted for the IPO route…

Morgan Stanley highlighted growing signs that Dixon’s clients may be exploring partnerships with its competitors. To mitigate this risk, the company has entered into strategic alliances that are currently awaiting government approval.