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Popular Vehicles and Services Limited ( (IN:PVSL) ) just unveiled an update.
Popular Vehicles and Services Limited has announced that it is providing a corporate guarantee to South Indian Bank Limited for a term loan of Rs. 2.36 crore sanctioned to its wholly-owned subsidiary, Kuttukaran Cars Private Limited. This move signifies the company’s support for its subsidiary’s financial activities and could enhance its operational capabilities, potentially impacting its market positioning positively.
More about Popular Vehicles and Services Limited
Popular Vehicles and Services Limited operates in the automotive industry, focusing on providing vehicle sales and related services. The company is involved in the distribution and servicing of vehicles, primarily dealing with brands like Maruti Suzuki in India.
Average Trading Volume: 11,752
Technical Sentiment Signal: Buy
Current Market Cap: 10.28B INR
For a thorough assessment of PVSL stock, go to TipRanks’ Stock Analysis page.