Maruti Suzuki India produced 1,65,576 units in June 2021, against 50,742 units of production in June 2020. Production in June 2020 was far from normal owing to Covid-19 related lockdowns and disruptions.
NMDC: The Government of India, the promoter, proposed to sell up to 11,72,24,234 equity shares in NMDC (representing 4% of the total paid-up equity), with an option to additionally sell 10,22,78,144 equity shares (3.49%) in case of oversubscription, via offer for sale, on July 6-7.
Force Motors announced production of 1,757 units of commercial vehicles, utility vehicles, and tractors in June 2021, and sales of 1,925 units in June 2021.
Themis Medicare: CARE has upgraded long term credit rating on the company's bank facilities to B+/Stable, from B/Stable.
SH Kelkar and Company: On a consolidated basis, the company's sales in Q1FY22 stood at around Rs355cr, and on the balance sheet front, its net debt position stood at around Rs386 cr as of June 2021 compared to Rs380cr as of March 2021.
Wockhardt UK proudly hosts visit of HRH The Prince of Wales.
Joe Kuruvilla, CEO-Lifestyle Business, Raymond Limited has decided to step down from his current role and has cited personal reasons for the development.
IOL Chemicals & Pharmaceuticals: CARE has upgraded the credit rating by one notch for the banking facilities availed by the company, to A+/Stable, from A/Stable.
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