Stock Market Snapshot 02 June 2024

Hero MotoCorp sold 498,123 units of motorcycles and scooters in May 2024. The company had sold 519,474 units in May 2023.

Maruti Suzuki: Total vehicle production in May at 193,207 units vs 180,221 units YoY.

Eicher Motors: Total commercial vehicle sales in May at 6,901 units vs 6,289 units YoY.

Eicher Motors: Royal Enfield sales in May at 71,01O units vs 77,461 units YoY.

NMDC -May business update: Production at 2.34 Million tons vs 3.71 million tons YoY; Sales at 2.82 Million tons vs 3.62 million tons YoY.

Ahluwalia Contracts bags an order of Rs 88 crore from Daffodil Hotel Pvt Ltd for Civil work for Park Hyatt Goa Pocket at 131 Arossium Village Taluka Mormugao Distt South Goa.

Ahluwalia Contracts bags an order of Rs 2,157 crore from India Jewellery Park, Mumbai for Design, Engineering, Procurement and Construction (EPC) A for Construction & Development of Gems & Jewellery Park in Mahape, Navi Mumbai.

Tata Motors Ltd sales in the domestic & international market for May 2024 stood at 76,766 vehicles, compared to 74,973 units during May 2023.

Maruti Suzuki India: Total vehicle sales in May at 174,551 units vs 178,083 YoY.

Puravankara has acquired 12.75 acres of land in Patlipada on Ghodbunder Road, Thane. The land has An estimated potential carpet area of 18.20 lakh sq Ft and a potential Gross Development Value of Rs 4,000 crores over the project lifecycle.

Atul Auto: Sales for the month of May at 2,331 units Vs 1,101 units YoY.

TVS Motor Company registered a sales growth of 12% increasing from 330,609 units in May 2023 to 369,914 units in May 2024.

Ashoka Buildcon has emerged as Lowest Bidder for the Two Projects (Rs 795 crore and Rs 1,358 crore) of Maharashtra State Road Development Corporation Ltd.

SML Isuzu: Total vehicle sales in May at 1,563 units vs 1,290 units YoY.

Maruti Suzuki: The prices of AGS (Auto Gear Shift) variants across models (Alto K10, S-Presso, Celerio, Wagon-R, Swift, Dzire, Baleno, Fronx & lgnis) have been reduced by Rs 5,000.

Endurance Technologies: Endurance Overseas Srl, Italy, subsidiary of the Company, has acquired 100% stake in lngenia Automation Srl (lngenia), Italy, with an effective date of 31st May, 2024.

Mahindra Auto sells 43,218 SUVs, a 31% growth and Total volumes of 71,682, a 17% growth in May 2024.

Coal India- May business update: Production at 64.4 Mill Te vs 59.9 Mill Te YoY; Offtake at 68.2 Mill Te vs 63.7 Mill Te YoY.