#OnCNBCTV18 | #SUV revenue market share is back to the top position, getting 9,000-10,000 bookings every month for #XUV 700. No plan to undertake any restructuring, as is being speculated, says Rajesh Jejurikar of Mahindra & Mahindra

IOC , BPCL , HPCL : States can still cut Rs 2-3 on fuel without impairing VAT revenue: SBI Ecowrap

It said that states can cut at least Rs 2 on diesel and Rs 3 on petrol without impacting their VAT revenue from oil.

The report added that when the central government cuts excise duty, a state’s VAT revenue gets reduced automatically as VAT on fuel depends on base oil price, transportation charges, dealer commission and excise duty. It stated that there are a few aspects to states VAT revenue.

#CNBCTV18Market | Sun Pharma slips in trade ahead of Q4 earnings

Saurabh Mukherjea On

- #ITC: See power in cigarette franchise

- #LaOpala exit: Competition rising in sector

- #HomeFirstFinance addition: Caters to the growing salaried class

ET NOW

#StocksToWatch | 3M India
- Gained 15% most in 4 years
- Opened above 50 DMA level
- Volume more than 20x the 20-day average volume
#StockMarket #MarketsWithETNOW

For preferential allotment, #InflameAppliances will issue shares at Rs 370/ share vs CMP of Rs 412/share

Nikhil Vora & Ashish Kacholia among 11 investors who will be subscribing

AUTO STOCKS , CEMENT

Harsha Upadhyaya of Kotak MF says demand in the auto sector is still hazy.

He added he remains positive on cement sector considering structural basis

-CNBC

TATA MOTORS : Tata Motors signs Memorandum of Understanding for the potential acquisition of Ford India’s Sanand plant

Tata motors Subsidiary TPEML would invest into new machinery and equipment which is necessary to commission and make the unit ready to produce its vehicles. With the proposed investments,it would establish an installed capacity of 300,000 units per annum, which would be scalable to more than 400,000 units. Co. anticipate this to take a few months. This MOU for a potential acquisition of this unit, is a win-win for all stakeholders and helps Tata Motors accelerate the enhancement of its PV/EV manufacturing capacity.

This unit is adjacent to the existing manufacturing facility of Tata Motors Passenger Vehicles Ltd at Sanand, which should help in a smooth transition.

L&T: CO WINS SIGNIFICANT CONTRACT || SIGNIFICANT CONTRACT VALUES UPTO 10 TO 25B RUPEES
SOURCE- EDELWEISS

Tata Passenger Electric Mobility has signed an MoU for the potential acquisition of #FordIndia's vehicle manufacturing plant

TPEML to invest in new machinery, and equipment to
commission & make the unit ready to produce vehicles

#Auto #Automobiles

L&T WINS ORDER FOR CHENNAI METRO RAIL PROJECT

#CNBCTV18Market | Tata Motors 2% higher on potential acquisition of Ford India's Sanand plant

Jubilant Foodwork may announce new Ceo Today with Q4 Result (Our Estimation )

GREENLAM IND. Q4 : CONS. NET PROFIT 256 M V 309 M (YOY) , 269 M (QOQ)

GREENLAM INDUSTRIES: Q4 CONS NET PROFIT RUPEES 256M VS 309M (YOY); 269M (QOQ)

SOURCE - EDELWEISS

GREENLAM IND. Q4 : REVENUE AT 4.63 BN V 4.15 B (YOY)