Stocks In The News: HDFC, Hero, Bharti, Cipla, TVS Motor, Bayer Crop, SREI, Grasim - Dollar Advisory Financial Services

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Friday 2 June 2017

Stocks In The News: HDFC, Hero, Bharti, Cipla, TVS Motor, Bayer Crop, SREI, Grasim

Bharti Airtel
-Gets SEBI & stock exchanges approval for merger with Telenor India
-Filed application with National Company Law Tribunal for nod to scheme of merger

Hero MotoCorp says
-Commencement of commercial production at Bangladesh plant
-Sells 633,884 units in May 2017, up 8.7 percent YoY

May auto sales: Tata Motors
-Total JLR US sales up 13.9 percent at 8,106 units versus 7,114 units
-Total Jaguar US Sales up 43.9 percent at 3,113 units versus 2,164 units
-Total Land Rover US sales up 0.9 percent at 4,993 units versus 4,950 units

TVS Motor
-Total sales up 16 percent at 2.82 lakh units versus 2.44 lakh units
-2-Wheeler sales up 15.6 percent at 2.75 lakh units versus 2.38 lakh units
-3-Wheeler sales up 20.5 percent at 6,581 units versus 5,463 units
-Total exports up 14.3 percent at 40,617 units versus 35,545 units
-2-wheeler exports up 11 percent at 34,899 units versus 31,434 units
-Motorcycle sales up 22.3 percent at 1.18 lakh units versus 96,485 units

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