DSIJ Mindshare

Both PAT and revenue increase more than 100 per cent on a YoY basis and over the past year the company's shares have generated a multibagger return of 120 per cent

Over the past six months, the company's shares have generated a multibagger return of 110.97 per cent while in the same time frame, BSE industrial shares have moved up by 32.62 per cent

In a strategic move, Ashok Leyland Ltd, a key player in the commercial vehicle sector, has given the green light to invest a whopping Rs 1200 crore in Switch Mobility. This massive infusion will be facilitated through its holding company, Optare PLC in the UK, underlining Ashok Leyland's commitment to embracing the electric vehicle revolution.

Shares of the company gained more than 30 per cent in the last six months.

Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC), a leading fertilizer and chemical producer in India, has announced a mega share buyback of up to 84.78 lakh shares at a price of Rs 770 per share. This represents a significant premium of 14 per cent to the current market price(Rs 676). The buyback will be open to all shareholders, including promoters and members of the promoter group, as of the record date, November 24, 2023.