Stocks to watch: Grasim, Bajaj Auto, Hero Honda
Crude oil prices fell in Asia on concerns of weak state of the US economy. New York's main contract, light sweet crude for November delivery slipped to $69.89 per barrel.
By ET Bureau |
MUMBAI: Crude oil prices fell in Asia on concerns of weak state of the US economy. New York's main contract, light sweet crude for November delivery slipped to $69.89 per barrel. Brent North Sea crude for November delivery declined to $67.99 dollars.
The rupee was at 47.56 per dollar against Thursday's close of 47.74, on a weaker dollar overseas.
Aditya Birla group will hive off its cement business of Grasim Industries into unit Samruddhi Cement in a cashless transaction and merge it Ultratech Cement. The move is aimed at consolidating the group's cement businesses into a single entity over the next eight to ten months to maximise shareholders value.
Bajaj Auto���s sales rose by 14 per cent to 249,795 units in September against 217,365 units in the same period previous year.
Hero Honda���s sales rose to 4,01,290 units in September or 4.16 per cent as compared to 3,85,262 units in September last year.
The rupee was at 47.56 per dollar against Thursday's close of 47.74, on a weaker dollar overseas.
Aditya Birla group will hive off its cement business of Grasim Industries into unit Samruddhi Cement in a cashless transaction and merge it Ultratech Cement. The move is aimed at consolidating the group's cement businesses into a single entity over the next eight to ten months to maximise shareholders value.
Bajaj Auto���s sales rose by 14 per cent to 249,795 units in September against 217,365 units in the same period previous year.
Hero Honda���s sales rose to 4,01,290 units in September or 4.16 per cent as compared to 3,85,262 units in September last year.
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