Bajaj Auto performed well in the April-June quarter, but that doesn’t seem to be enough for brokers to change their stance on the automaker. While brokers expect better times for Bajaj Auto in the coming quarters, they have also reported some headwinds that could derail the automaker’s growth trajectory. Brokers have seen signs of an …
Shares of Tata Motors Limited rose more than one percent to hit a 52-week high of Rs 639.50 as of 9:20 a.m. on July 25, with seven thousand shares traded on the NSE. The company’s wholly-owned subsidiary, Jaguar and Land Rover (JLR) India, reported its best-ever first quarter revenue, up 102%. The company recorded a …
Tata Motors hits 52-week high as JLR India reports record Q1 sales Read More »
Zomato Limited jumped 1.12% in morning trading 24/7 after the food delivery platform announced it had begun the process of liquidating its Portugal-based subsidiary. Zomato Media Portugal is not a significant subsidiary and its liquidation will not affect Zomato Limited’s revenue or income, the food aggregator said in an after-hours filing on July 21. The …
Zomato gains after it initiates liquidation of Portugal-based subsidiary Read More »
Shares of AU Small Finance Bank fell more than 5% in early trading on July 24 after the lender announced a decline in asset quality in the April-June quarter. Despite recording 44% year-over-year growth in net profit, the lender’s asset quality deteriorated in the first quarter. Lenders’ total bad assets increased to 1.76% in the …
AU Small Finance Bank tumbles 5% as asset quality deteriorates in Q1 Read More »
JSW Steel shares surged 3% on July 21 after the company posted strong quarterly results. JSW Steel reported on 21 July that its consolidated net profit for the April-June quarter of 2024 stood at Rs 2,248 million, up 189 per cent from Rs 956 million for the same period last year. Operating revenue also increased …
JSW Steel surges 3% as strong consolidated profit and margin enthuses Street Read More »
Shares of IndusInd Bank rose as its Board of Directors approved a financing plan of Rs 2 lakh. As of 9:28 am, the share price is trading at Rs 1425.90. IndusInd Bank’s Board of Directors at its July 20th meeting aims to secure funds of Rs 2 lakh crore or equivalent in foreign currency, subject …
IndusInd Bank shares gain as board approves Rs 20,000 crore fund raising plan Read More »
Jio Bharat Jio is is dedicated to fostering growth through unparalleled business advisory and strategic planning services