India's Bajaj Nivesh rises on quarterly profit, revenue jump
Today 07:17
BUZZ-India's Bajaj Nivesh rises on quarterly profit, revenue jump ** Shares of India's Bajaj Nivesh MHSC.NS, formerly known as Maharashtra Scooters, jump as much as 5.96% to 12,715 rupees
** Stock on track to snap four sessions of losses, if trend holds
** Co reports 9.8% year-on-year rise in second quarter profit-after-tax to 2.93 billion rupees ($30.98 million)
** Co also posts 9.7% y/y jump in September quarter total revenue from operations to 2.97 billion rupees
** YTD stock down 14.13%
($1 = 94.5800 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
Recent news on Bajaj Nivesh
See all newsIndia's Bajaj Nivesh rises on quarterly profit, revenue jump
Brief: Bajaj Nivesh Says Sept-Quarter PAT 2.93 Billion Rupees
Brief: Maharashtra Scooters Recommends Final Dividend Of 60 Rupees Per Share
Brief: Maharashtra Scooters Announces Closure Of Satara Factory
Brief: Maharashtra Scooters Interim Dividend Of 110 Rupees/Share