Bus manufacturer bags new order worth Rs 345.58 crore from Tamil Nadu State Transport Corporation & announces price increase effective January 2025
Bus manufacturer bags new order worth Rs 345.58 crore from Tamil Nadu State Transport Corporation & announces price increase effective January 2025
The stock is up by 47 per cent from its 52-week low of Rs 157.65 per share.
The stock is up by 47 per cent from its 52-week low of Rs 157.65 per share.
Hinduja Group Company Reports 7th Consecutive Double-Digit EBITDA Growth!
Revealing the Surprising Factors Behind Ashok Leyland’s 7th Consecutive Quarter of Double-Digit EBITDA and Skyrocketing Stock Performance!
Revealing the Surprising Factors Behind Ashok Leyland’s 7th Consecutive Quarter of Double-Digit EBITDA and Skyrocketing Stock Performance!
550 per cent returns: This large-cap multibagger stock bags largest order worth Rs 981.45 crore for 2104 buses!
Shares of the company gained more than 30 per cent in the last six months.
Shares of the company gained more than 30 per cent in the last six months.
CM Yogi Adityanath inaugurated the green mobility plant set by renowned Auto sector giant; Click to find out!
This state-of-the-art facility, spread across 70 acres, will be equipped with the latest manufacturing technology
This state-of-the-art facility, spread across 70 acres, will be equipped with the latest manufacturing technology
Is this Hinduja Group stock ready for a Tata Motors-like move after its Q3 earnings? It registered double-digit EBITDA and achieved a historic high in commercial vehicle (CV) volume!
At the recent Bharat Mobility Global Expo in New Delhi, company marked a milestone by delivering its first Electric 55T Tractor-Trailer and its first 14T Boss Electric Truck.
It maintained its position as the leading bus manufacturer in the country, securing orders for over 3800 buses from State Transport Undertakings during the quarter. The growing bus market is anticipated to contribute significantly to overall industry volumes.
Rs 522 crore order and FIIs increase stake: This multibagger automobile stock bags new orders for 1,225 buses!
Shares of the company gained more than 100 per cent in the last six months.
Shares of the company gained more than 100 per cent in the last six months.
Luxury theme play: Premium auto retailer profits in top gear; check if you own it!
Since listing of shares, it has accumulated gains of 62.63 per cent for its shareholders. Currently, the stock is trading at Rs 745.50, which is 12.06 per cent away from its 52-week high.
The consolidated proforma revenue soared to Rs 1120 crore, marking a substantial 19.9 per cent quarter-on-quarter growth. The net profit for Q2FY24 reached Rs 20.5 crore, showcasing jump of 22 per cent year-on-year increase from Rs 16.8 crore in Q2FY23, and a notable surge of 182.11 per cent quarter-on-quarter increase from Rs. 7.26 crore in Q2FY23.
Commercial vehicle giant gears up for EV revolution; Invests Rs 1200 crore in its electric mobility arm
The funds infused for this ambitious venture are set to fuel capital expenditure, research and development endeavors..
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.
740 per cent jump in net profit: This automobile multibagger stock reports robust Q1FY24 results!
On Monday, shares of the company surged by more than 2.5 per cent and reached its 52-week high of Rs 186.45.
Net profit of the company surged significantly by 747 per cent and stood at Rs 576 crore as against to Q1FY23.
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Revving to new heights: multibagger commercial vehicles stock hits 52-week high with impressive June 2023 sales!
An astounding surge of over 240 per cent in the stock's value over the past three years.
the total number of vehicles sold in June increased by 7 per cent compared to the previous year, contributing to a 5 per cent growth in cumulative sales for the month.
Stellar Q4 & FY23 results: This multibagger automobile stock reports a 411 per cent jump in net profit; declares dividend!
The stock is up by 22 per cent in 2 years and over 250 per cent in 3 years.
The shares of the company have a PE of 32x whereas the sectoral PE is 66x with a ROE of 20 per cent.