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ValueProductPastPerformance

Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
Bharat Forge Ltd. 25/07/20241,593.85952.3007/04/2025 -40.25% 256 days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days

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Vehicle Scrappage Policy 2021: Tata Motors & Ashok Leyland inch higher
DSIJ Intelligence
/ Categories: Trending, DSIJ News

Vehicle Scrappage Policy 2021: Tata Motors & Ashok Leyland inch higher

With the announcement of ‘Voluntary Vehicle Scrappage Policy’, S&P BSE Auto index witnessed a jump of 1.14 per cent.  

On Monday, Finance Minister Nirmala Sitharaman gave a glimpse of ‘Voluntary Vehicle Scrappage’ Policy during the Union Budget 2021 presentation at the Lok Sabha. The Scrappage Policy is aimed towards discarding old vehicles so as to reduce vehicle pollution as well as decrease the volumes & expenses of oil imports.  

A vehicle fitness test will be done wherein personal vehicles will have to undergo the tests after 20 years and commercial vehicles will undergo after 15 years.  

Further details regarding the policy will be given out shortly by the respective ministry.  

The Vehicle Scrappage Policy is a big breather for the auto companies. Stocks enjoying the announcement of the Scrappage Policy include Mahindra & Mahindra gaining by 2.01 per cent, Tata Motors rose by 1.33 per cent, Ashok Leyland increased by 1.40 per cent, Maruti Suzuki jumped by 1.20 per cent, Bajaj Auto gained by around 1 per cent, etc.  

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