Tata Motors, Maruti Suzuki, Future Retail and other hot stocks on the first trading day of 2022

Jan 3, 2022

By: Rounak Jain

Tata Motors

Sold nearly two lakh vehicles in the December 2022 quarter as against 1,58,218 units in the same period last year. Reported its highest quarterly sales in a decade in the passenger vehicles segment.

Credit: Tata-Motors

Maruti Suzuki

Sold 1,53,419 cars in December 2021 as against 1,60,226 units in the same period in 2020.

Credit: BCCL

Future Retail

Revealed that it has missed a payment of ₹3,950 crore to lenders under a one-time restructuring plan, due to the ongoing lawsuit with Amazon.

Credit: BCCL

Avenue Supermarts

Reported a 22 percent surge in revenue in the December 2021 quarter to ₹9,065 crore, compared to December 2020.

Credit: BCCL

Eicher Motors

Motorcycle sales rose 7 percent in December 2021 to 73,739 units, compared to a year ago. Commercial vehicle sales surged 26 percent to 6,154 units.

Credit: Eicher-Motors

TVS Motor

Sales fell 8 percent to 2,50,933 units in December 2021 as compared to a year ago.

Credit: BCCL

Reliance Industries

A media report suggested that the Mukesh Ambani-owned company will launch a $3 billion bond sale in the coming weeks.

Credit: Reliance-Industries

Escorts

Tractor sales fell 39 percent to 4,695 units in December 2021 as compared to a year ago.

Credit: Escorts

Mahindra & Mahindra

Registered 11 percent growth in December 2021 with sales of 39,157 units, as compared to a year ago. Tractor sales were down 21 percent to 16,687 units.

Credit: Mahindra-Mahindra

Aurobindo Pharma

Transferred its vaccine business at ₹300 crore to its wholly owned subsidiary, Auro Vaccines Pvt. Ltd.

Credit: Aurobindo-Pharma

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