Hero, Eicher Motors, Bajaj Auto shares hit 52-week high on robust Nov sales
In November, Eicher Motors sold 80,251 units of Royal Enfield motorcycles, up 13%, as against 70,766 units in the same period last year.
In November, Eicher Motors sold 80,251 units of Royal Enfield motorcycles, up 13%, as against 70,766 units in the same period last year.
The company announced an interim dividend of ₹21 for the FY23-24.
The company’s consolidated profit surged as much as 42.6% to ₹304.5 crore against ₹213.5 crore in the same period last year.
The share price of the company surged as much as 4.08% to hit a 52-week high of ₹1,174.00 in early session.
Tech Mahindra reported a 39% decline in its profit to ₹693 crore as against ₹1,131 crore in the corresponding period last year, which was lower than analyst expectations of ₹1,100 crore.
The scrip opened a gap-up at ₹834.95 on Wednesday against the closing price of the previous session at ₹829.65.
At present, the company's stock is trading 98.02% higher than the 52-week low of ₹40.55, which the company touched on July 27 last year.
According to Tata Power, the project has a hybrid renewable capacity of 379 MW solar and 587 MW wind power.
The company said that Suzlon Energy's consolidated net worth turned positive after 10 years and is at ₹1,099 crore for FY23.
In the January to March period this year, the company's revenue surged 0.4% to ₹9,765.08 crore vs ₹9,725.91 crore in the same period last year.