Mahindra & Mahindra surged by 2.52%. TVS Motor, Hero Moto Corp, and Tata Motors moved up by about 1% on Monday. The festive season, which starts in the second half of September, is expected to drive demand across segments within the auto industry, said analysts.
L&T, 6 others pick 8.03% stake in Cube Highways Trust for Rs 1,243 crore
The company had clocked a loss of Rs 20 crore in the year-ago period. Its total income rose to Rs 830.9 crore from Rs 781.6