Telco rose to its 52-week high of Rs 207 before closing at Rs 204.70, up 2.38 per cent. More than 10.70 lakh shares were traded on the BSE.
Good prospects in the current financial year with reports that the company is all set to tap the exports market with its commercial vehicles business are attributed to the counter gaining.
For the year ended March 31, the company staged a turnaround with a net profit of Rs 300.11 crore compared with a net loss of Rs 53.73 crore in the previous year.
Total income increased by 21 per cent to Rs 9,111.26 crore from Rs 7,525.92 crore in FY02. On a consolidated basis, for the year ended March 31, the Telco group
