Automotive Axles surged 5.86% to Rs 1,729.60 after the company has entered into a binding memorandum of understanding (MOU) with Meritor HVS (India) to restructure its commercial operations.
Shares of Automotive Axles Ltd jumped nearly 7% on Thursday, hitting an intraday high of ₹1,745 on the BSE. The rally follows its revised commercial agreement with Meritor HVS India.
Jeffrey D. Gaskin delivers a guide to four vehicle systems that are key to gross axle weight ratings and gross vehicle weight ...
Additionally, Cummins took the purchase of Meritor as an opportunity to branch out into other areas, such as axles and brakes for commercial trucks, military, and numerous other applications ...
X15 Diesel, featuring improved fuel efficiency and emissions compliance, is the latest addition to Cummins HELM platform.
As part of its regulatory process, the CCI has directed the parties involved to publish details of the acquisition for public ...
Automotive Axles Limited is a joint venture company incorporated in 1981, between Bharat Forge Limited, Pune, India and Meritor HeavyVehicle Systems LLC, USA (35.52% equity stake). The Company is ...