Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in August 2014 were 40,883 vehicles, a decline of 18% over 49,611 vehicles sold in August 2013. The company's domestic sales of Tata commercial and passenger vehicles for August 2014 were 36,403 units, 19% decline over 44,717 units sold in August last year.
The company's sales of commercial vehicles in August 2014 in the domestic market were 25,428 units, a 23% decline compared to 33,153 vehicles sold in August last year. LCV sales were 16,287 units, a decline of 35% over August last year, while M&HCV sales stood at 9,141 units, a growth of 11%, over August last year.
Sales of passenger vehicles for August 2014 were at 10,975 units, lower by 5% over 11,564 vehicles sold in August 2013. Sales of the passenger cars in August 2014 were 8,229 units, lower by 6% over 8,761 vehicles sold in August 2013. The sales of utility vehicles were 2,746 units, declined by 2% over 2,803 nos., sold in August last year.
The company's sales from exports were 4,480 units in August 2014, declined by 8% compared to 4,894 vehicles in August last year.
Hero MotoCorp's total sales rose 21% to 5.58 lakh units in August 2014 over August 2013.
All the recent launches - including the new Karizma, ZMR Xtreme, Passion Pro TR and the New Pleasure scooter - have received overwhelming response from customers, and the Splendor iSmart continues to drive volumes in the market, Hero MotoCorp said.
TVS Motor Company after market hours on Monday, 1 September 2014, said its total sales jumped 46% to 2.27 lakh units in August 2014 over August 2013. The company's total exports jumped 28% to 35,074 units in August 2014 over August 2013.
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Total two wheeler sales increased by 47% to 2.17 lakh units in August 2014 over August 2013. Domestic two wheeler sales grew 50% to 1.90 lakh units in August 2014 over August 2013. Two wheeler exports rose 27% to 27,115 units in August 2014 over August 2013.
Scooters sales rose 84% to 67,240 units in August 2014 over August 2013. Motorcycles sales rose 36% to 83,332 units in August 2014 over August 2013.
Three wheeler sales rose 39% to 9,820 units in August 2014 over August 2013.
Metal and power generation stocks will be in focus as the Attorney General has asked the Supreme Court to leave 40 of the 218 coal blocks allocations the court declared illegal with companies that operate mines that are either producing or close to doing so. Supreme Court ruled last week that the country's decades-old method of allocating coal mining concessions was illegal and arbitrary, putting investments worth billions of dollars at risk.
Jamshedpur Continuous Annealing and Processing Company (JCAPCPL) Continuous Annealing & Processing Line, a 600,000 tonnes per annum facility for manufacturing 'Automotive Grade Continuous Annealed Products', was inaugurated on Monday, 1 September 2014 at Steelennium Hall inside Tata Steel's Jamshedpur Works. JCAPCPL is a 51:49 Joint Venture of Tata Steel and Nippon Steel & Sumitomo Metal Corporation (NSSMC).
Escorts Agri Machinery Segment sold 3,624 tractors in August 2014 compared with 3,911 tractors in August 2013. Domestic sales in August 2014 stood at 3,147 tractors compared with 3,823 in August 2013. Export for the month of August 2014 at 477 tractors compared with 88 tractors in August 2013.
Rural Electrification Corporation turns ex-dividend today, 2 September 2014, for a final dividend of Rs 1.75 per share for the year ended March 2014.
Indraprastha Gas turns ex-dividend today, 2 September 2014, for dividend of Rs 5.50 per share for the year ended March 2014.
GIC Housing Finance turns ex-dividend today, 2 September 2014, for dividend of Rs 6 per share and a special dividend of Re 1 per share for the year ended March 2014.
KCP Sugar & Industries Corporation turns ex-dividend today, 2 September 2014, for dividend of Rs 0.85 per share for the year ended March 2014.
Nitin Spinners turns ex-dividend today, 2 September 2014, for dividend of Rs 0.75 per share for the year ended March 2014.
Repco Home Finance turns ex-dividend today, 2 September 2014, for dividend of Rs 1.20 per share for the year ended March 2014.
Renaissance Jewellery turns ex-dividend today, 2 September 2014, for a final dividend of Re 1 per share for the year ended March 2014.
Rupa & Company turns ex-dividend today, 2 September 2014, for dividend of Rs 2.50 per share for the year ended March 2014.
Yuken India turns ex-dividend today, 2 September 2014, for dividend of Rs 1.50 per share for the year ended March 2014.
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