Bajaj Auto shares fall 5% as October sales data disappoints
Shares of Bajaj Auto fell by 5% to its dayβs low of Rs 9,401 on the BSE after the company on Monday posted its October sales number reporting merely a 2% YoY rise to 4,79,707 units. The total number of vehicles sold was reported at 4,71,188 units in October 2023. The company reported its domestic…
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Prestige Estates Projects Q1 profit down 13 pc to Rs 232.6 cr
Realty firm Prestige Estates Projects has reported a 13 per cent decline in its consolidated net profit to Rs 232.6 crore in the June 2024 quarter on higher expenses. Its net profit stood at Rs 266.9 crore in the year-ago period. Total income rose to Rs 2,024.5 crore in the April-June period of 2024-25 fiscal…
READ MOREAffordable homes supply down 38%
New supply of affordable homes – priced up to Rs60 lakh each – declined 38% across eight major cities to 33,420 units during January-March this year, with builders focusing on developing luxury flats, according to PropEquity.Real estate data analytic firm PropEquity attributed the fall in new supply to sharp rise in land and construction costs,…
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