Subsidiary of TaMo's India biz continues to expand on volumes, market share
CLOSING BELL: Tata Steel, Kotak Bank, IndusInd Bank, Nestle, Infosys, Asian Paints, and Tech M were the other outperformers, up between 3 per cent and 4.6 per cent
Stocks to watch today: Dr Reddy's, Bajaj Finserv, Nestle India will report their June quarter results on Thursday, July 28; HAL signed $100 million contract with Honeywell for HTT-40 engines.
Losses at the UK subsidiary widened to £482 million, from £286 million, as JLR retail sales fell 37 per cent to 78,825 units from the year-ago quarter
'We expect demand to remain strong despite worries on inflation and geo-political risks while the supply situation is expected to improve further,' says the company
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Stock market live updates: As of 7:45 AM, the SGX Nifty Futures quoted at 16,475 levels, indicating a downside of 8 odd-points on the Nifty50.
Stocks to watch today: Bajaj Finance, Tata Motors, and Maruti Suzuki will report their June quarter results on Wednesday, July 27; United Spirits reported five-fold jump in net profit in Q1FY23.
Amid lukewarm Q1 result of Bajaj Auto, we drive into the world of autos, interpret Bajaj Auto's performance and ask analysts what they expect from Maruti Suzuki and Tata Motors results today.
Tata Motors Q1 results preview: The likely subdued performance would be led by chip shortage woes at UK subsidiary JLR, cost input pressures, and negative operating leverage, said analysts
Stocks to watch today: Axis Bank, Tata Steel will report their June quarter 2022 results (Q1FY23) on Monday, July 25; Infosys delivered net profit for Q1 below street expectations at Rs 5,360 crore.
The Mumbai-based company has already supplied more than 650 electric buses across multiple cities in India, which have cumulatively clocked more than 39 million kilometres
Himalayan neighbour bans imports of non-essentials amid depleting forex; dip could impact India's FY23 trade deficit which is already worsening on fears of recession in developed countries
Priced around Rs 5.7-8.05 lakh, the mini SUV will vie with the Punch, Magnite and Ignis
CLOSING BELL: Adani Group shares rallied up to 12 per cent on the BSE in Monday's intra-day trade, in otherwise a weak market, amid the group's foray into telecom business
Stocks to watch today: IT behemoth TCS net profit grew 5.2 per cent year-on-year (YoY) to Rs 9,478 crore in Q1FY23; Tata Motors hiked prices across passenger vehicle range by 0.55 per cent.
Nifty has not gained for more than three weeks in a row since mid-January 2022
Tata Motors on Saturday said it has increased prices of its passenger vehicle range with immediate effect to partially offset the impact of rising input costs
The company's global sales of all passenger vehicles were at 2,12,914 units, up from 1,61,780 units in June quarter of FY22
At $9.1 billion valuation, BII will have a stake of 2.75-4.76% in the new EV company