Surat Stock Exchange

Royal Enfield unveiled its first electric motorcycle concept, HIM-E, at EICMA in Milan. The electric variant of the Himalayan adventure bike, it aims to offer a more sustainable form of adventure motorcycling.

Trent's Q2 FY24 revenue rose 52.73% YoY to Rs 2,982 crore, and Ebitda increased 78.5% to Rs 457 crore. The margin was 15.31%, and reported profit was Rs 228 crore, up from Rs 78.9 crore YoY.

Despite Varun Beverages' Q2 profit rising 29.9% to Rs 514 crore and revenue increasing 21.2% to Rs 3,938 crore, its shares fell. The company also plans to open a subsidiary in Mozambique.

Bank of India's Q2 net profit rose 52% to Rs 1,458 crore, missing estimates. The rise was due to a 57% reduction in provisions. Net interest income increased 13% YoY, while other income rose 19%. Domestic net interest margin rose to 3.47%.