1335.2000 -10.80 (-0.80%)
NSE Sep 12, 2025 15:31 PM
Volume: 23,093
 

1335.20
-0.80%
CD Equisearch
If recent trend in sales of LG Balakrishnan is anything to go by, then the domestic two wheeler industry is showing discernible signs of revival. Income from operations (standalone) jumped 10.1% to Rs 309.95 crs ($46.5m) in Q2 - the best reading in last nine quarters - not least due to hefty rise in bellwether transmission business sales (10.2%), catapulting its revenue share to 79.1%. Slackness in two wheeler industry in last few years could do little to prevent massive rise in transmission business revenue (standalone) share - 78.8% in FY16 from 67.3% in FY13....
LG Balakrishnan & Br.. has an average target of 1453.00 from 2 brokers.
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