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Moneycontrol NaNd ago
MSTC surges 15%, MMTC gains 7% as Cabinet clears Delhi-NCR vehicle scrappage scheme
Investor sentiment was buoyed by expectations that the new scrappage policy could increase demand for organised recycling and scrap disposal services, benefiting companies operating in the segment.
MMTCMSTCLTDNDTVMedia Entertainment & PublicationServices
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Moneycontrol NaNd ago
MSTC shares surge 7% on scrappage incentives in new Delhi EV policy 2026, extend one-month rally to 57%
Under the new policy, owners replacing BS-IV or older two-wheelers with electric vehicles will be eligible for an additional scrappage incentive of Rs 10,000.
MSTCLTDNDTVVICTORYEVAutomobile and Auto ComponentsMedia Entertainment & Publication