Tata Motors on Friday reported an 8 per cent year-on-year increase in group global wholesales, including that of Jaguar Land Rover (JLR), at 3,61,361 units in the fourth quarter of FY23-24
Tata Motors: CLSA expects a sharp uptick in volume in FY24 driven by a strong order backlog
At the operational level, Nomura sees margin benefit for companies in the backdrop of a cut in steel prices
The rooftop installation is collectively expected to generate 23 million units of electricity, mitigating 5.23 lakh tonne of carbon dioxide
The firm expects a better business environment this fiscal even as chip shortages continue to making it challenging to cater to the enhanced demand
Manufacturers are aiming to address the issue of limited EV options with the new cars they plan to bring
The market was expecting Tata Motors to replace DRL in the 30-share index
Driven by an all-round strong performance, we expect Tata Motors to become earnings' positive in FY23 with a net profit of Rs 7,068 crore, said analysts at Sharekhan
CLOSING BELL: SBI was the biggest laggard on the index, down nearly 5 per cent, as the lender's Q4 missed Street's estimates
The company guided for robust demand prospects (JLR order-book at 1.68 lakh units, up 13,000 units QoQ) coupled with healthy profitability going forward
The stock jumped 8.30 per cent to Rs 403 on the BSE; at NSE, it zoomed 8.31 per cent to Rs 403.25 apiece
Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.
On a standalone basis, the automaker reported a net profit of Rs 413.35 crore in the period under review against a net profit of Rs 1,645.68 crore in the fourth quarter of 2020-21
The investments will be spread across the company's different verticals of commercial vehicles, passenger vehicles and electric vehicles, Group CFO P B Balaji said
The improvement in consumer sentiment, buoyancy in e-business, firming freight rates, reopening of schools and offices helped regenerate demand, says company's executive director
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CLOSING BELL :: The S&P BSE Sensex opened gap-down and sunk 1,386 points intra-day to hit a low of 52,702 levels
The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit Jaguar Land Rover, N Chandrasekaran said
Company feels target customers will be those who wants to use electric vehicle for inter-city travel
The model produces 105 kW (143 PS) of power and delivers a torque of 250 Nm, resulting in 0 to 100 sprint times in under 9 seconds