Reliance Industries, TVS Motor and Ashok Leyland to see some action today

Reliance Industries Ltd. | Refineries | Oil & Gas | BSE: 500325 | NSE: RELIANCE

04 Oct 2021 Evaluate

Reliance Industries has incorporated a wholly-owned subsidiary namely ‘Reliance International’ in Abu Dhabi Global Market, the United Arab Emirates (UAE) for trading in crude oil, petroleum products, and agricultural commodities. The company has invested Rs 7.42 crore or $1 million in cash in 10 lakh equity shares of $1 each of Reliance International.

TVS Motor Company has registered sales growth of 6% with 347,156 units in September 2021 as against sales of 327,692 units in the month of September 2020. Total two-wheelers registered a growth of 6% with sales of 332,511 units in September 2021 as against sales of 313,332 units in September 2020. Domestic two-wheeler registered sales of 244,084 units in September 2021 as against sales of 241,762 units in September 2020.

Ashok Leyland has reported a 14 per cent rise in total sales of commercial vehicles to 9,533 units in September. The company had sold a total of 8,332 units in September last year. The total medium and heavy commercial vehicle sales were at 5,060 units as against 3,630 units in the same month last year, up 39 per cent.

Tech Mahindra is planning to acquire IT consultancy service provider Beris Consulting Gmbh for 7 million euros or about Rs 60 crore through its German subsidiary. The transaction is expected to close by October 8. The acquisition will help Tech Mahindra unlock the transformational growth in the IT and application space for the automotive industry as a result of EV, sharing and mobility.

PSP Projects has emerged as the Lowest Bidder (L1 Bidder) for two projects viz. one in government and another in government residential segment totaling to Rs 104.09 crore (excluding GST) in Gujarat.

KPI Global Infrastructure has signed an Operation & Maintenance Agreement & Land Lease Agreement for the period of 25 years, aggregating amount of Rs 38.97 crore with Anupam Rasayan India for 12.50 MW Solar Power Plant under Captive Power Producer (CPP) Category.

Ceat has entered into a fourth addendum agreement to the existing share subscription and shareholders' agreement with Tyresnmore Online (TOPL) and other parties for investing up to Rs 1.4 crore to acquire an additional 1.83 per cent of the post-issue share capital of TOPL. Upon completion of the investment, the total holding of Ceat in Tyresnmore on a fully diluted basis would be 46 per cent.

Reliance Industries Share Price

1435.70 0.00 (0.00%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Reliance Industries	1435.70
Indian Oil Corp.	144.70
BPCL	302.85
HPCL	387.00
MRPL	167.90
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