Surinder Mohan Rehan

1) National Securities Depository (NSDL) increased the Airtel's foreign ownership limits to 100%. The company's consolidated revenue came in at Rs 25,785 crore for the quarter ended 30th Sept 2020. Consolidated EBITDA came at Rs 11,848.3 crore, while EBITDA margin came at 46%.2) Castrol's net profit was up 8.6% to Rs 204.60 crore in the quarter ended September 2020 against Rs 188.40 crore in the year-ago period.3) Hero Motor will sell and service Harley-Davidson motorcycles and sell parts & accessories and General Merchandise riding gear and apparel through a network of brand-exclusive Harley-Davidson dealers and Hero's existing dealership network in India. As part of a Licensing agreement, Hero MotoCorp will develop and sell a range of premium motorcycles under the Harley-Davidson brand name. #MOMarketUpdates #Indianstockmarket #MotilalOswal #nifty #sensex #HeroMotor #HarleyDavidson #Airtel #castrol