Miniratna category I public sector utility and the Maharashtra government have signed a Memorandum of Understanding

The shares of the company grew by more than 45 per cent in the last one year.   

On the sales front, Hero MotoCorp sold more than 5.19 lakh units of motorcycles and scooters in May 2023.

According to the quarterly results, the net sales increased by 26.68 per cent and net profit skyrocketed by 288.85 per cent in Q4FY23 over Q4FY22. According to the annual results, the net sales increased by 43.79 per cent and net profit skyrocketed by 106.85 per cent in FY23 over FY22. The EPS for FY23 stood at Rs 58.12.

According to standalone quarterly results, the net sales increased by 145.61 per cent and net profit increased by 46.25 per cent in Q4FY23 over Q4FY22. According to standalone annual results, the net sales increased by 128.33 per cent and net profit increased by 1,048.90 per cent in FY23 over FY22. The EPS for FY23 stood at Rs 14.83.

According to the financials, NDR Auto has a market cap of Rs 500.86 crore with a 1-year CAGR of 110 per cent. The company reported amazing numbers in its quarterly results (Q4FY23) and annual results (FY23).  

Shares of the company grew by more than 30 per cent in the last one month.   

Order Book Update: The company have an order book of Rs 14,464.60 crore as of March 31, 2023. Year to date order inflows were Rs 5,027 crore.

The net profit reported at Rs 1,101.17crore, hike of 57.89 per cent on YoY basis over Q4FY22.  

According to shareholding pattern, CPSE Exchange Traded Scheme(DII) holds 2.91 per cent