Page 29 - Mobility Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ashok Leyland - Margins outlook remain subdued - ICICI Securities Posted On: 2021-02-15 20:45:50 (Time Zone: Arizona, USA) Ashok Leyland's (AL) operating performance in Q3FY21 was below consensus estimates as EBITDA margin came in at 5.3%. Gross margins eroded ~321bps QoQ to 25.6% due to deterioration in mix (M&HCV revenue share rose 11% QoQ to ~56%). Management indicated: a) economic activity resumption has been stronger on infrastructure side which has aided tipper/ multi-axle segment; b) commodity prices are likely to further stiffen in Q4 and price increases are unlikely to cover for...

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Wardwizard Group Expands it's presence in Eastern India Posted On: 2020-12-27 22:00:47 (Time Zone: Arizona, USA) Wardwizard Innovation & Mobility Ltd (BSE: 538970) announced its expansion in eastern geography of India. With the brand Joy E bikes & Vyom Innovations already recognised & successful in western parts of India. it was a matter of time to announce the expansion. The company will cater to the growing public demand of the states like West Bengal, Uttar Pradesh. Bihar and Assam of eco-friendly bikes and home appliances. In the previous month, Joy E-Bike received the honour of bein...

Wardwizard Innovation & Mobility Ltd bags two prestigious awards Posted On: 2020-12-20 22:35:08 (Time Zone: Arizona, USA) Wardwizard Innovation & Mobility Ltd, (BSE: 538970) a popular EV manufacturing company bags two prestigious awards back-to-back. "Joy E-Bike™ a brand of Wardwizard group is awarded with "Best Brand Of 2020" by Economic Times and their MD and CEO, Mr. Yatin Gupte being recognised as "Asia's most promising CEO". In the previous month, Joy E-Bike received the honour of being dubbed as one of the best brands of the year 2020 by Economic Times. This was majorly due to th...