The longest weekly winning streak since 2010 came to an end this week as the Indian market faced significant selling pressure today. This downturn was influenced by a sell-off in global markets following fresh data from the US, which has reignited recession fears. These concerns have resurfaced in the headlines […]
Tata Motors
Stock Market Today: Tata Motors share price price have seen sharp 46.6% rise during 2024 to date. The rally in Tata Motors share price has been helped by strong passenger Vehicle growth, stable Commercial Vehicle outlook despite challenges, Electric Vehicle focus and JLR prospects. However investors remain cautious ahead of […]
Corporate investments in fixed assets remained robust during FY24, despite the hike in interest rates, backed by their cash flows. A Mint analysis of consolidated financials of over 1,800 companies showed that the cash flow for purchase or creation of fixed assets (CFA) by these companies, or simply capex, increased […]
Tata Motors‘ global wholesales for the quarter ending June 30, 2024, reached 329,847 units, reflecting a 2 per cent year-on-year increase, according to the company’s filing to the exchanges on Monday. In Q1 FY25, Tata Motors’ global wholesales of passenger vehicles totaled 138,682 units, marking a 1 per cent decrease […]
The 30-share BSE Sensex is hovering above the Mount 80,000-mark, which the index first achieved on July 3, fuelled by its fastest-ever 10,000-point bullish rally in a record 58 sessions. The top 10 best-performing Sensex gainers reported a sharp surge of 15-75 per cent in their stock prices during the […]
Stocks to buy: Last week, the Indian stock market benchmark, Nifty 50, surged by over 2%, marking the fourth consecutive week of gains. This upward momentum was driven by strong performances from key heavyweights, including Reliance Industries, HDFC Bank, and Mahindra & Mahindra. The Nifty 50 formed a long bullish […]
Profit booking at higher levels took center stage as the Indian stock market benchmarks—the Sensex and the Nifty 50—ended their four-day winning streak with losses on Friday, June 28. Despite hitting fresh all-time highs during the session, both benchmarks succumbed to profit booking as investors took gains amid mixed global […]
The Nifty Auto index settled 0.69 per cent lower at 25,092.30 on Friday, June 21, against the domestic benchmark Nifty 50 which closed 0.28 per cent lower at 23,501.01 succumbing to profit booking after hitting all-time highs. However, the frontline indices locked in a third straight week of gains powered […]
Hyundai Motor India Ltd.’s plan for one of India’s largest share sales may further boost valuations for the nation’s already-buzzing automakers. The listing may value the South Korean carmaker’s Indian unit at $25 billion, Bloomberg News reported previously. That would make it the nation’s fourth biggest automaker by market value, […]
Mahindra & Mahindra (M&M) is now India’s second-largest automaker after overtaking Tata Motors in terms of market capitalisation (mcap) earlier today. M&M shares hit three per cent upper circuit at a fresh 52-week high on the robust momentum. With an mcap of ₹3,63,980.89 crore, M&M is now the second-most valuable […]