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These motorcycles will be produced in the UK for the domestic market and also exported to other developed markets such as the US, Australia and Japan, Anupam Thareja, co-founder, Classic Legends, told ET. BSA has been selling the Gold Star motorcycle model in the UK for more than a year through imports from India.
Analysts at Kotak Securities said that although near-term demand for tractors is expected to be muted, the demand for SUVs is likely to remain steady, supported by a robust order backlog.
Stocks that were in focus included names like M&M, which rose 6.81%, Vedanta, which declined 4.17%, and NTPC, whose shares jumped 3.92% on Thursday.
In his view, Nifty now aims for an all-time high at 22,127, backed by dominant bullish sentiment despite concerns over higher interest rates' impact on economic growth.
Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 222324.30 Crore) operating in Auto sector.