Ashok Leyland banks on scrappage policy
The average downcycle period for MHCVs in the past five cycles is around three years with average volume drop of 17 per cent during the period.from Stocks-Markets-Economic Times https://ift.tt/2n7ln8n
Mahindra Finance Q3 Results: Net profit declines 12% YoY to Rs 553 crore
On a consolidated basis, the company's net income declined 6% to Rs 623 crore from Rs 664 crore and the total income rose 23% to Rs 4,137 crore. Last year, the write-back provision was higher, and given the improving asset quality, there wasn't much benefit this time. from Stocks-Markets-Economic Times https://ift.tt/0QtirjC
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