Maruti Suzuki, Tata Motors, M&M, EaseMyTrip and other hot stocks on March 2

Mar 2, 2022

By: Rounak Jain

Credit: BCCL

Maruti Suzuki

Its February sales were flat at 1,64,056 units as compared to 1,64,469 units a year ago.

Credit: BCCL

Tata Motors

Reported a 47 percent surge in passenger vehicle sales to 39,981 units while commercial vehicle sales grew 11 percent to 37,552 units, year-on-year.

Credit: Tata Motors

Mahindra & Mahindra

Reported a 79 percent surge in total vehicle sales to 27,551 units in February when compared to the same period last year.

Credit: Mahindra & Mahindra

EaseMyTrip

To consider the issue of bonus shares on March 3.

Credit: EaseMyTrip

Eicher Motors

Reported a 7.3 percent increase in sales to 5,856 units, year-on-year.

Credit: Eicher Motors

Mahindra Logistics

To acquire a 60 percent stake in Whizzard, an intracity distribution company, for ₹72 crore.

Credit: Mahindra Logistics

Panacea Biotec

To sell its pharmaceutical formulations brand to Mankind Pharma for ₹1,872 crore.

Credit: Panacea Biotec

Vedant Fashions

Its Manyavar ethnic wear brand registered a 24 percent increase in net profit to ₹128 crore while revenue surged 28 percent to ₹385 crore, year-on-year.

Credit: Vedant Fashions

Sterlite Technologies

Announced a collaboration with Analog Devices to develop 5G Open RAN network units.

Credit: Sterlite Technologies

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