STOCKS IN ACTION 2 February
FSNE-Commerce Ventures: The company will invest $2.5 million into Nysaa Beauty LLC for operational support.
TVS Motor: The company reported January sales at 3.39 lakh units, up 23% year-on-year, and motorcycle sales at 1.55 lakh units, up 29% year-on-year. The company's EV sales stood at 16,276 units, up 34% YoY and total exports at 69,343 units, up 22% year-on-year.
Hero MotoCorp: The company reported total sales at 4.33 lakh units, up 22% year-on-year, and exports at 12,664 units, up 75% year-on-year for January. The company's motorcycle sales stood at 4.02 lakh units, up 21% YoY.
NMDC: The company reported sales at 4.56 MT up 19% year-on-year and production at 4.54 MT
up 8.1% year-on-year for January.
Prime Focus: The company approved raising up to Rs 4,000 crore through a rights issue at the issue price of Rs 90 per share.
HMA Agro Industries: Wajid Ahmed resigned from the post of managing director with immediate effect.
• Mahanagar Gas: The company acquired a 100% stake in Unison Enviro for Rs 562 crore.
Dixon Technologies: Nirupam Sahay resigned from the position of president and chief operating officer with immediate effect.
@Daytradertelugu
FSNE-Commerce Ventures: The company will invest $2.5 million into Nysaa Beauty LLC for operational support.
TVS Motor: The company reported January sales at 3.39 lakh units, up 23% year-on-year, and motorcycle sales at 1.55 lakh units, up 29% year-on-year. The company's EV sales stood at 16,276 units, up 34% YoY and total exports at 69,343 units, up 22% year-on-year.
Hero MotoCorp: The company reported total sales at 4.33 lakh units, up 22% year-on-year, and exports at 12,664 units, up 75% year-on-year for January. The company's motorcycle sales stood at 4.02 lakh units, up 21% YoY.
NMDC: The company reported sales at 4.56 MT up 19% year-on-year and production at 4.54 MT
up 8.1% year-on-year for January.
Prime Focus: The company approved raising up to Rs 4,000 crore through a rights issue at the issue price of Rs 90 per share.
HMA Agro Industries: Wajid Ahmed resigned from the post of managing director with immediate effect.
• Mahanagar Gas: The company acquired a 100% stake in Unison Enviro for Rs 562 crore.
Dixon Technologies: Nirupam Sahay resigned from the position of president and chief operating officer with immediate effect.
@Daytradertelugu
