Stocks in news: Tata Motors, Ashok Leyland, Piramal Enterprises Aurobindo Pharma and more
Stocks to watch out for today: Tata Motors, Aurobindo Pharma, Suven Pharma, Ashok Leyland, Piramal Enterprises and more
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Stocks to watch out for today: Tata Motors, Aurobindo Pharma, Suven Pharma, Ashok Leyland, Piramal Enterprises and more
Ashok Leyland has announced that the board has approved an investment of INR 1,200 crore in its EV arm Switch Mobility for capital expenditure, R&D and meeting operational requirements in the UK as well as in India. The funds will be infused over the next few months after necessary statutory approvals in one or more tranches.
Switch Mobility Global Plans: “With the global uncertainty, ongoing unrest and the energy crisis, there has been an impact on demand in the EU,” Dheeraj Hinduja, Executive Chairman, Ashok Leyland, told ETAuto in the company's post earnings call.
Ashok Leyland has announced that its board has approved an investment of Rs 1,200 crore in Switch Mobility.Switch Mobility is a subsidiary of Ashok Leyland.
Ashok Leyland has announced that the board has approved an investment of Rs 1,200 crore in its EV arm Switch Mobility for capital expenditure, R&D and meeting operational requirements in the UK as well as in India. The funds will be infused over the next few months after necessary statutory approvals in one or more tranches.