Read more about Eicher Motors Ltd drops for fifth straight session on Business Standard. Eicher Motors Ltd is quoting at Rs 2578.85, down 0.17% on the day as on 13:19 IST on the NSE. The stock jumped 45.26% in last one year as compared to a 42.9% rally in NIFTY and a 58.34% spurt in the Nifty Auto index.
Atul Auto announced the launch of the new RIK CNG Passenger for the Gujarat market. RIK platform was conceived after an extensive research keeping in mind the customer requirements both for the domestic and International markets. Atul RIK will be available in 3 fuel variants - CNG, LPG & Petrol.
The new Atul RIK CNG combines both Style and Economics. It comes with features like International styled beige dashboard, semi digital Instrument cluster, step less entry, and first ever L.
E. D tail lamps. When it comes to (RoI) Return on Investment, company has taken care of RIK customers by offering Atulya Vishwas scheme which makes it the most attractive value creator in its space. In addition to Atulya Vishwas, the RIK CNG/LPG variant comes with a 36 months (unlimited km) super warranty. RIK Platform.
The production numbers of Force Motors slipped 1.87% to 1,829 units in February 2021 as against 1,864 units in February 2020.
Domestic sales tanked 40.9% to 1,182 units in February 2021 as against 2,000 units in February 2020. Exports soared 286.32% to 452 units in February 2021 compared with 117 units in February 2020.
On a sequential basis, the company s production jumped 27.99% in February 2021 from 1,429 units in January 2021. Domestic sales fell 1.25% in February 2021 as against 1,197 units in January 2021. Exports jumped 11.06% in February 2021 compared with 407 units in January 2021. The announcement was made post trading hours on Friday, 5 March 2021.
The commercial vehicle maker reported a consolidated net loss of Rs 18.98 crore in Q3 FY21 as against net profit of Rs 13.8 crore in Q3 FY20. Net sales tumbled 43.5% to Rs 491.18 crore in Q3 FY21 from Rs 869.11 crore in Q3 FY20.
Read more about Tata Motors shareholders approve hiving off PV business into new entity on Business Standard. The company had said that its passenger vehicles business has been valued at Rs 9,417 crore
Read more about Mahindra & Mahindra announces changes in management of Mobility Services Sector on Business Standard. Dr. Anish Shah, who is the Deputy Managing Director and GroupCFO of M&M, and is designated to take over as the Managing Director and CEO of M&M from 02 April 2021, will take additional charge of overseeing the Mobility Services Sector directly.