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Monday, 1 September 2014

TOP CORPORATE NEWS 01 SEPTEMBER 2014

•    Maruti at new high, Aug sales ride on Celerio, Dzire, Ritz

Shares of Maruti Suzuki touched a new high, up 3 percent intraday on strong growth in August sales numbers boosted by compact cars segment. India's largest car maker sold 1,10,776 lakh units in August, up 27 percent compared to 87,323 units in same period last year and up 9 percent compared to 1.01 lakh units in previous month.

•    IRB Infrastructure falls after Citi downgrade

Shares of IRB Infrastructure Developers Ltd fall after Citigroup downgraded the stock to sell from buy.

•    M&M sold 35,175 units in August

M&M has announced that it has sold 35,175 units during August 2014, as against 37,897 units during August 2013. The company's domestic sales was at 3,145 units.

•    TVS Motor Company August 2014 sales grows by 46%

TVS Motor Company recorded 46% growth in sales during the month of August 2014, with total sales increasing from 155,532 units recorded in the month of August 2013 to 227,482 units in the month of August 2014.

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