John Deere

Sona Koyo Steering may test Rs 25: Aashish Tater

Aashish Tater, Head of Research at Fortunewizard.com is of the view that Sona Koyo Steering Systems may test Rs 25. "It has been paying dividend consistently. For next year during this period one will get another 65 or 70 paise dividend, which means in the holding period of 13 months one will get Rs 1.3 of dividend on a Rs 11 stock," he adds.

Expect Indian tractor industry to grow by 8-9%: ICRA

ICRA Ratings has come out with its report on Indian tractor industry. As per the rating agency, over the short to medium term the tractor industry is likely to face dual challenges of moderation in growth rates on one hand and large capacity additions on the other.

See huge potential in construction gear mkt: Ashok Leyland

The infrastructure segment in India will need one trillion dollar investment and Ashok Leyland wants to make the most of this opportunity.

Ashok Leyland sees sales pick up in October-March

Hinduja group company Ashok Leyland expects its sales volumes will pick up in the second half of the current fiscal year, helped by increase in sales of light commercial vehicles built in joint venture with Japanese Nissan Motor and a likely pickup in south India.