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Stocks in news: Tata Motors, Hero, Coal India, PI Br

Tata Motors domestic -Total sales up 6 percent at 43,061 units versus 40,679 units (YoY) -Domestic sales up 3 percent at 36,466 units (YoY) -Passenger vehicle sales up 16 percent at 13,002 units versus 11,163 units (YoY) -Commercial vehicle sales down 3 percent at 23,464 units (YoY) -M&HCV sales down 17 percent at 9,969 units (YoY) -LCV sales up 10 percent at 13,495 units (YoY) 



Hero Motocorp says to launch 15 new products across segments this fiscal SML Isuzu   -Sales growth of 12.7 percent Essel Propack   Q1 -Net profit up 5.9 percent at Rs 37.6 crore versus Rs 35.5 crore (YoY) -Total income down 5.7 percent at Rs 528 crore versus Rs 560.1 crore (YoY) -EBITDA down 3.4 percent at Rs 97.6 crore versus Rs 101 crore (YoY) -EBITDA margin at 18.5 percent versus 18 percent (YoY) 


 Coal India   -Coal production of 32.43 MT versus target of 40.89 MT for August 2016 -Offtake of 36.72 MT versus target of 44.51 MT for Aug 2016 


PI Industries   -Enters JV with Mitsui Chemicals Agro -Transfers 51 percent stake held in subsidiary to Mitsui Chemicals Agro



Brooks Labs   -Gujarat manufacturing facility gets licence from Food & Drugs Control administrator -Manufacturing licence is valid for 5 years starting August 16, 2016







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