Ashok Leyland

Ashok Leyland has achieved total sales of 14561 units in month of November 2022 compared to 10480 units in November 2021, higher by 39%. Total sales comprised of domestic sales of 13654 units, higher by 46%.

Eicher Motors

Eicher Motors announced that its subsidiary, VE Commercial Vehicles has achieved total sales of 4903 units in the month of November 2022 compared to 4085 units, recording a growth of 20%. Total sales comprise of domestic sales of 4483 units, exports of 237 units and Volvo trucks and buses of 183 units.

Escorts Kubota

Escorts Kubota Agri Machinery Segment in November 2022 sold 7,960 tractors, registering a growth of 11.9% as against 7,116 tractors sold in November 2021.

Domestic tractor sales in November 2022 were at 7,359 tractors registering a growth of 13.4% as against 6,492 tractors sold in November 2021. Post festive season, demand continues to be normal. While rural sentiments continue to remain favorable owing to improved Rabi sowing assisted by good monsoon this year and better water level in reservoirs, softening in commodity prices is not happening at desired pace leaving input costs to be higher than anticipated.

Export tractor sales in November 2022 was at 601 tractors as against 624 tractors sold in November 2021.

Grasim Inds

Grasim Industries has allotted 10,000 - 7.63% Rated, Listed, Unsecured, Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (Series 22-23 II, 7.63% GIL 2027) aggregating to Rs 1,000 crore, on private placement basis. These NCDs have been rated “AAA (STABLE)” by CRISIL and ICRA.

H D F C

Housing Development Finance Corporation has further sold 14,26,497 shares representing 2.40% of the paid-up share capital of Ansal, which includes sale of 6,24,000 shares representing 1.05% of the paid-up share capital of Ansal done on 30 November 2022.

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