Stocks to Watch: Maruti, Adani Total, Hero MotoCorp, ONGC, Cholamandalam Fin

livemint.com:

Maruti Suzuki: Maruti Suzuki India reported single-digit sales growth in July with the sports utility segment continuing to drive overall demand in the market. Maruti Suzuki on Tuesday said its total domestic passenger vehicle sales stood at 1,52,126 units last month as compared to 1,42,850 units in the year-ago month, a growth of 6 per cent. Utility vehicles, consisting of Brezza, Ertiga, Fronx, Grand Vitara, Jimny and XL6, clocked sales of 62,049 units last month, a two-fold jump as against 23,272 units dispatched in the year-ago period.

Adani Total Gas: Adani Total Gas reported a rise of 9% in consolidated net profit at ₹150 crore, compared to ₹138 crore in the corresponding period last year. The gas distributer's revenue from operations in the first quarter of the current fiscal stood at ₹1,056.1 crore, registering a marginal rise of 1.3 per cent, compared to ₹1,042.3 crore in the year-ago period. On the operating front, the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) during the June quarter came in at ₹247.8 crore, reporting a rise of 13.3%.

Hero MotoCorp: Hero MotoCorp on Tuesday reported a 12 per cent decline in total sales at 3,91,310 units in July. The company had sold 4,45,580 units in the year-ago period, Hero MotoCorp said in a statement. Domestic sales were at 3,71,204 units as compared to 4,30,684 units in July 2022, it added.

Exports, however, increased to 20,106 units from 14,896 units in the corresponding period of the last year. ONGC/IOC/Gail/OIL: The Reserve Bank of India (RBI) has imposed late submission fees (LSF) of ₹2,000 crore on ONGC Videsh Ltd (OVL), Indian Oil Corp. Ltd, GAIL (India) Ltd, and Oil India Ltd for delayed reporting of their overseas