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Source: Live Mint Tata Capital, a financial services firm, is expected to file preliminary documents with market regulator SEBI for a $2 billion (over ₹17,000 crore) initial public offering (IPO) only after receiving final approval from the NCLT for its merger with Tata Motors Finance, according to news agency PTI. At this scale, the company’s…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Tata Motors, Hyundai Motors, Maruti Maruti Suzuki recorded slight growth, whereas Hyundai and Tata Motors experienced a drop in sales in February, as market sluggishness persisted with subdued demand. Glenmark Pharma According to the US health regulator, Glenmark…
Source: Live Mint Stocks to buy for the long term: The Indian stock market remained on a downward trajectory for the fifth consecutive month in February, with benchmarks—the Sensex and the Nifty 50—ending the month with losses of nearly 6 per cent each. Sensex is now down 12,780 points, or about 15 per cent, from…
Source: Live Mint On a day global stock indices were battered by rising international trade tensions induced by US President Donald Trump, Indian markets followed their slump, with all gauges dipping sharply. Japan’s Nikkei and China’s CSI 300 fell 2.88% and 1.97%, respectively, amid weak openings for Germany’s Dax and French CAC. Almost on cue,…
Source: Live Mint Tata Motors Ltd has witnessed the departure of several senior executives as the company restructures its operations, separating its car and truck manufacturing divisions to enhance competitiveness in each segment and maximize value. Mint earlier reported that at least half a dozen exits have taken place since August which were all in…
Source: Live Mint The Indian stock market continued its downward trajectory for the fourth consecutive session on Friday, weighed down by weak global cues. Benchmark indices, Sensex and Nifty 50, declined over 0.5% on February 21, driven by heavy selling in auto, pharmaceutical, financial, and FMCG stocks. The 30-share BSE Sensex fell by 560 points…
Source: Live Mint Shares of Tata Motors, a leading global automobile manufacturer, have been maintaining a steady downward spiral in recent weeks, tumbling to levels not seen in many months. The stock, which consistently broke record highs between March 2023 and July 2024, is now becoming less appealing to investors, having declined for six consecutive…
Source: Live Mint Tata Motors Ltd’s shares nosedived to a new 52-week low of ₹683.20 apiece on Thursday, following muted December quarter (Q3FY25) results accompanied by adverse management commentary, especially with regards to its Jaguar Land Rover (JLR) business. The management has lowered JLR revenue guidance by 3% for FY25, while remaining optimistic of improving…
Source: Live Mint Tata Motors Q3 Results: Net profit down 22.5% YoY to ₹5,451 crore; revenue up 2.7% Read Full Article
Source: Live Mint Buy or sell: The Nifty Index exhibited a constrained movement throughout the week, fluctuating within the 23,000–23,500 range. However, the lack of a decisive breakout above the 23,600 level led the index to retest its key support zone of 23,000. The week concluded at this emotional support level, signalling potential weakness soon….
