The Indian market is likely to open on a dovish note Wednesday amid mixed global signals. As of 7:00 am, the SGX Nifty was trading 15.00 points or 0.11 percent lower at 13,136.00, indicating a flat start for the Sensex and Nifty50.
Tata motors | The company reported a 20.7 percent increase in total vehicle sales for November 2020 to 49,650 units from 41,124 units in November 2020.
MotoCorp Hero | The company is likely to add between 11 and 13 existing Harley Davidson dealerships, industry sources said. At least 10 Harley Davidson dealers have signed letters of intent with Hero MotoCorp. Additionally, Hero MotoCorp’s total motorcycle and scooter sales in November 2020 increased 14.4 percent to 5,91,091 units from 5,16,775 units in November 2019.
Dr. Reddy Labs | The company and the Russian Direct Investment Fund (RDIF) have started clinical trials of the Sputnik V vaccine in India.
Coal India | The state miner reported a 3.4 percent increase in production to 51.7 million tons (MT) in November compared to 50 MT, year-over-year. Production during April-November 2020 increased to 334.5 MT from 330.4 MT, year over year. CIL’s coal purchase in November increased to 51.3 MT versus 47.5 MT, year-over-year. (Image: Reuters)
Vodafone idea | The company has raised the price of certain postpaid plans by Rs 50 in the UP East circle.
Eicher Motors | The company sold 63,782 units of motorcycles in November compared to 60,411 units year-over-year. (Image: Company)
National Bank of Punjab | The bank has launched a technology-based loan management solution called ‘LenS-The Lending Solution’, to speed up and maintain accuracy in online loan processing and credit proposal sanctioning.
SML Isuzu | The company sold 516 vehicles in November 2020 compared to 521 vehicles sold in November 2019.
Godrej Industries | ICRA has assigned an ‘A1 +’ rating to the company’s Commercial Paper Program issue of up to Rs 1.5 billion.
Sun Pharma Advanced Research Company | Promoter Raksha Sudhir Valia has launched 34 lakh of company shares.
