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Top stocks in focus: ITC, Eicher Motors, Hero MotoCorp, Gujarat Gas, Route Mobile

Eicher Motors sold 27,294 motorcycles in May 2021, against 19,113 motorcycles sold in May 2020. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 183,044 units of two-wheelers in the month of May 2021. Gujarat Gas reported a sharp increase in its consolidated profit at Rs350.86cr in Q4FY21 against Rs250.46cr in Q4FY20. Revenue jumped to Rs3,489.31cr from Rs2,722.17cr in the corresponding quarter of the previous fiscal. The company approved the acquisition or transfer of the city gas distribution business for Amritsar and Bhatinda Geographical Area as a going concern, on a slump sale basis, from Gujarat State Petronet (GSP) for Rs163.31cr.

Benchmarks hit day s low; Nifty below 15,500

Read more about Benchmarks hit day s low; Nifty below 15,500 on Business Standard. The benchmarks indices extended early losses and hit fresh intraday low in morning trade. The Nifty was trading below the 15,500 mark. Metal stocks, however, managed to outperform.

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