India's Popular Vehicles and Services up after unit to buy BharatBenz dealership ops

Popular Vehicles And Services

21/08/2025 09:50

** Shares of Popular Vehicles and Services POPL.NS rise as much as 6.8% to 127 rupees

** Co's unit executed an agreement to acquire BharatBenz dealership operations in Punjab for 120 mln rupees ($1.4 mln)

** Stock on track to rise for second straight week; up 1.9% so far this week

** More than 71,000 shares traded as of 2:10 p.m. IST vs 30-day moving avg of 54,933 shares

** POPL last up 0.9%, cutting YTD losses to 23%

($1 = 87.0920 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))