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Eicher Motors, known for its Royal Enfield (RE) motorcycles, is a play on a recovery in bike sales in urban areas. The company’s total bookings in the top 10 and 20 cities were at 18 per cent and 25 per cent at the end of the December 2020 quarter.
Strong rebound on D-Street fails to push growth in SIP accountsThe pace in new SIP accounts improved marginally to 11 lakh in July from 9.1 lakh in the previous month. But, higher discontinuation reduced the overall monthly growth in the outstanding SIP accounts to 1.2 per cent in July 2… Read MoreTata Steel posts Rs 4,609 crore Q1 loss, Europe unit in red“Tata Steel Europe performance was affected by lower deliveries and a sharp decline in European spreads to an unsustainably low level. As a result, our consolidated adjusted Ebitda dropped to Rs 1,038 crore,” Tata Steel execu… Read MoreSGX Nifty down 10 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 8.95 points, or 0.08 per cent lower at 11,321.80, a sign that Dalal Street was headed for a negative start on Friday.
from Stocks-Markets-Economic Times https://ift.tt/3arUal0
… Read MoreMFs add IT and pharma stocks for uncertain timesSome of the funds booked profits in Reliance Industries, the best performing blue-chip since March 23, when the Nifty hit a four-year low.
from Stocks-Markets-Economic Times https://ift.tt/3kIh24m
… Read MoreIDFC First, IDFC reverse merger plan back on tableUnder banking guidelines, a Non-operative Financial Holding Company (NoFHC) is required to house a bank and other financial services units of a promoter. IDFC will argue that it doesn’t have any other significant businesses a… Read More
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