: Latest #StockMarketNEWS by #MunafaSutra Daily Updates Auto stocks gain led by Hero Moto, Tata Motors; Bajaj Auto, TVS Motor up 2-3percent

@StockMarketNEWS Wed 26 Aug, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Auto stocks gain led by Hero Moto, Tata Motors; Bajaj Auto, TVS Motor up 2-3%
The auto index gained over a percent led largely by 2-wheeler stocks after finance minister nirmala sitharaman hinted at a goods and services tax (gst)
rate revision for the sector.
Buying was witnessed in the auto, bank, energy, metal and it stocks. bse midcap and smallcap indices ended in the green.

Punjab National Bank share price gains on receiving .2 million in first tranche of recoveries
Pnb requested mca to support and join the bankruptcy proceedings in new york to help pnb realise its claims in the debtor#39;s assets.

Finance minister nirmala sitharaman has said two-wheelers, which attract a 28 percent gst. are neither a luxury or sin goods and merit a rate revision,

Tata Motors share price rises for second day on plan to reduce debt to near-zero
At tata motors agm, tata group chairman n chandrasekaran said the company was targeting to reduce its debt to near-zero levels in three years.

Dabur India shares rise after CLSA retains buy call
Dabur#39;s fy20 annual report highlights its organisational transformation adding that traction in its profitable businesses keeps a positive outlook on
the stock adding that roe and working capital days have scope for improvement.

JMC Projects shares rally 11% on new orders worth Rs 554 crore
The company has secured new orders of rs 554 crore including building project in south india totalling to rs 315 crore and a factory project in maharashtra
of rs 239 crore.

Affle India shares hit upper circuit on contract from Singapore govt
Affleâ??s mobile marketing platforms will enable interactive surveys for citizens in singapore to drive ltaâ??s objective of building a people-centered
land transport system valued at over million, the company said.



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