MUMBAI, Aug 24 (Reuters) - State-run Scooters India Ltd surged nearly 5 percent on Tuesday after sources said that utility vehicles maker Mahindra & Mahindra and three wheeler maker Atul Auto are separately eyeing a controlling stake in the firm. Shares in Scooters, owned 95 percent by the government, opened up 4.74 percent and rose to 4.88 percent at 39.75 rupees, its maximum daily limit. They have risen 36 percent so far in the year, outperforming the broader BSE Auto Index which ...
Premium Content (PAID Subscription Required)
"Scooters India shares surge on stake sale hopes" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642