Top stocks in focus today: Eicher, L&T, Maruti Suzuki, Tata Motors, Dabur, M&M, Hero Motocorp
These companies will be in focus during trade today based on recent and latest news developments.
Maruti Suzuki sales rose 14.4% to 1.72 lakh units.
Tata Motors sales grew 86% to 53,511 units.
M&M sales were 22% higher at 48,097 units.
Eicher Motors sales jumped 27% at 76,187 units.
TVS Motor Company sales grew 24% to 3.04 lakh units.
Escorts sales rose 26.3% at 6,186 units.
IHH raises Fortis Healthcare bid to Rs175 per share.
Munjals-Burmans increase Fortis offer to Rs1,800cr.
M&M to acquire up to 10% equity in Canada’s Resson Aerospace Corp for about Rs34.5cr.
Max, Exide Life shortlisted for IDBI Federal Life Insurance stake sale; valuation likely to be over Rs6,000cr, as per media reports.
L&T will sell electrical and automation division to Schneider for Rs14,000cr.
BHEL gets 900 MW Nepal Hydropower project orders.
Mahindra Lifespaces joint venture gets multi-product notification for its special economic zones.
Lakshmi Vilas Bank sets one-year MCLR at 9.45% from May 1.
Mastek wins the contract for U.K. Home Office Biometrics.
Maithan Alloys to set up 1.2 lakh tonne per annum ferroalloy plant in West Bengal.
Grasim Industries partially commissioned its expanded Vilayat facility.
MOIL says Ferro grade & fines prices have been reduced by 15% in Q1; 5% discount on 4 specific grade and prices of chemical grades of ore decreased by 7.5%.
Sudhir Valia to infuse Rs3,510cr into Jaypee Infra projects in Noida as per media reports.
GPT Infraprojects board meeting on May 4 to consider fundraising plan.
Bharat Kedia resigned as CFO of Zee Entertainment w.e.f. April 28, 2018.
Keki Mistry resigned as non-executive, independent director of HCL Tech w.e.f. April 30, 2018.
Power Grid declared commercial operation of elements pertaining to Powergrid Parli Transmission.
Results Today: Hero Motocorp, HCL Technologies, Welspun Corp, Siemens, Tata Power, Marico, InterGlobe Aviation, Century Textiles, Ajanta Pharma
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