Stock Report

Popular Vehicles & Services Limited conferred with awards

Posted On : 2024-06-22 14:02:43( TIMEZONE : IST )

Popular Vehicles & Services Limited (NSE: PVSL, BSE: 544144), one of India's leading fully integrated automotive dealership player announced that its wholly owned subsidiary Popular Mega Motors (India) Private Limited garnered multiple awards from Tata Motors Commercial Vehicle Business unit:

1. Outstanding Market Share performance in Pickups (LPU + SPU) 2024
2. Highest Sale of WINGER 2024
3. â Best Performance in GTME (Go To Market Excellence - Sales Process) ILMCV 2024
4. Best Performing Dealer in TMGO/DEF 2024

In addition to this recognition, the Kuttukaran Group, company's parent conglomerate, has been awarded the "Big Dealer Category - All India Winner" accolade at the Dealership Excellence Awards announced by Federation of Automobile Dealers Associations (FADA).

Federation of Automobile Dealers Associations (FADA) is the apex national body of Automobile Retail Industry in India engaged in the sale, service and spares of 2/3 Wheelers, Passenger Cars, UVs, Commercial Vehicles (including buses and trucks) and Tractors. FADA India represents over 15,000 automobile dealers having 26,500 dealerships including multiple Associations of Automobile Dealers at the Regional, State and City levels representing the entire Auto Retail Industry.

On this occasion, Mr. Naveen Philip, Promoter and MD said, "It's a moment of great pride to receive these prestigious awards both from Industry body & one of our OEMs. This is a significant achievement. Our focus and commitment to provide best dealership experience has been a vital factor behind this recognition. These awards not only add to the stature of the Company's brand, but also reinforces our team's commitment to deliver on our promise of best of services to our customers."

Shares of Popular Vehicles and Services Limited was last trading in BSE at Rs. 261.00 as compared to the previous close of Rs. 262.25. The total number of shares traded during the day was 10002 in over 675 trades.

The stock hit an intraday high of Rs. 263.80 and intraday low of 257.55. The net turnover during the day was Rs. 2610688.00.