Shares of TVS Motor Firm, Ashok Leyland, Rane Holdings and Indian Financial institution scaled a 52-week excessive on the bourses on Thursday backed by robust gross sales quantity, order ebook place, new orders and sturdy efficiency.
Main the pack, TVS Motor Co.’s shares crossed a brand new milestone of ₹1,000 to shut the day at ₹1,015.05, a achieve of ₹29.35, or 2.98%. It touched a brand new excessive of ₹1,028.75. Yesterday’s shut was ₹985.70. On Thursday, the corporate reported 15% development in its month-to-month gross sales quantity for August 22.
Industrial automobile maker Ashok Leyland’s shares touched the ₹163.45 mark, ending the day at ₹162.80 with a achieve of ₹8.8, or 5.71%. On Wednesday, ALL introduced it had bagged a mega order from main fleets for 1,400 faculty buses in UAE.
Rane Holdings scrips touched ₹898.15 closing at ₹873.15 with a achieve of ₹22.10, or 2.6%, from its earlier shut.
Indian Financial institution shares scaled new peak of ₹197.70, however settled at ₹193.60 within the cut price, dropping 55 paise or -0.28%.
By- The Hindu