Stocks in News
Maruti Suzuki India: The company produced 1,65,576 units in June 2021, against 50,742 units of production in June 2020. Production in June 2020 was far from normal owing to Covid-19 related lockdowns and disruptions.
Themis Medicare: CARE has upgraded long term credit rating on the company's bank facilities to B+/Stable, from B/Stable.
SH Kelkar and Company: On a consolidated basis, the company's sales in Q1FY22 stood at around Rs 355 crore, and on the balance sheet front, its net debt position stood at around Rs 386 crore as of June 2021 compared to Rs 380 crore as of March 2021.
NMDC: The Government of India, the promoter, proposed to sell up to 11,72,24,234 equity shares in NMDC (representing 4 percent of the total paid-up equity), with an option to additionally sell 10,22,78,144 equity shares (3.49%) in case of oversubscription, via offer for sale, on July 6-7.
IOL Chemicals & Pharmaceuticals: CARE has upgraded the credit rating by one notch for the banking facilities availed by the company, to A+/Stable, from A/Stable.
Force Motors: The company announced production of 1,757 units of commercial vehicles, utility vehicles and tractors in June 2021, and sales of 1,925 units in June 2021.