Tata Motors share: It is around two months since Tata Technologies Ltd, a subsidiary of the Tata group company, filed Draft Red Herring Prospectus (DRHP) for the launch of its initial public offering (IPO), shares of Tata Motors have been in uptrend. The Tata group stock has been hitting 52-weekRead More →
Tata Technologies IPO: Tata Technologies Ltd filed Draft Red Herring Prospectus (DRHP) with the SEBI on 9th March 2023 for the paunch of its initial public offering (IPO). The Tata Motors subsidiary plans to sell up to 9.571 crore shares, representing approximately 23.6 per cent of its paid-up share capitalRead More →
Buy or sell stocks: Driven by positive global sentiments, Indian stock market ended higher on sixth day in a row. 50-stock index Nifty ended 149 points higher at 18,065 mark while 30-stock index Sensex shot up 463 points and closed at 61,112 levels. Nifty Bank index finished 233 points northwardRead More →
Buy or sell stocks: After surprising outcome from the Reserve Bank of India ((RBI) Monetary Policy Committee (MPC) meeting outcome to pause interest rates, Indian stock market rebounded strongly from its intraday lows on Thursday session. NSE Nifty ended 42 points higher at 17,599 levels whereas BSE Sensex surged 143Read More →
In the March quarter (Q4FY23), Tata Motors Ltd’s British subsidiary, Jaguar Land Rover Automation Plc (JLR), maintained the strong momentum seen in Q3. Easing chip supply constraints aided production, which helped push up JLR’s volumes in Q4. Wholesale volumes, excluding the joint venture with China, rose 24% year-on-year (y-o-y) andRead More →
Buy or sell stocks for today: After showing consolidation movement on Monday, Indian stock market extended its rally for fourth day in a row on Wednesday. Nifty 50 index ended 159 points higher at 17,557 levels whereas 30-stock BSE Sensex gained 582 points and finished at 59,689 mark. Nifty BankRead More →
Tata Motors Ltd’s passenger vehicle (PV) business has seen a strong run so far in FY23. For perspective, PV sales volumes in the eleven months through February surged by nearly 51% year-on-year. But the business could lose steam hereon. The vertical is likely to be adversely impacted as the companyRead More →
