Shares of Ola Electric Mobility made a strong debut on the stock market and rose 4 per cent to Rs 85.3 on October 22. This after the company announced that it has resolved about 99.1 percent of the 10,644 complaints received from the Central Consumer Protection Authority (CCPA).In a document filed with the stock exchange,…
France-based car parts supplier Forvia said on Monday it had struck new deals with BYD and Xiaomi, sending its shares up 10%, Reuters reported.Forvia hopes its new contracts with Chinese manufacturers will help it meet waning auto demand from domestic manufacturers, Newswire reported. It has also struck deals with Chinese auto makers Li Auto and…
Kotak Mahindra Bank is scheduled to announce its second quarter results on Saturday (October 19). Analysts expect key financial parameters to grow compared to last year.They expect the bank’s net interest income (NII) to reach ₹6,996.9 crore, representing a growth of 11.1% from ₹6,296.6 crore.Profit after tax (PAT) is estimated at ₹3,513 crore, showing a…
Adding to the festive fervour, Toyota Kirloskar Motor (TKM) has announced the Limited Edition of its highly popular model – Urban Cruiser Taisor. This special edition, designed with a focus on enhancing style, and premium-ness, comes with a well-curated Toyota Genuine Accessories (TGA) package to elevate delight and excitement to customers. Commenting on the introduction…
On Thursday (October 17), Tata Chemicals Ltd announced a 46.1% year-on-year (YoY) decline in net profit to ₹267 crore for the second quarter ended September 30, 2024.According to regulatory filings, Tata Chemicals reported a net profit of ₹495 crore in the previous fiscal quarter. The company’s revenue from operations remained stable at ₹3,999 crore compared…
Infosys Q2 Earnings: PhillipCapital expects Infosys net profit to rise 10.2 per cent to Rs 6,844.40 crore over the previous fiscal, while sales will grow 4.8 per cent to Rs 40,867 crore over the previous fiscal.Infosys Ltd may report a 10-15 per cent year-on-year growth in net profit in the September quarter on a 5…
Tata AIA Life Insurance (Tata AIA), one of India’s leading life insurers, has been selected by the Government of Nagaland to implement the Chief Minister’s Universal Life Insurance Scheme (CMULIS). Under this scheme, the primary earning member of the family will be provided with a life insurance cover of INR 2 lakh. This scheme aims…
South Indian Bank shares on Wednesday rose 5.42% to Rs 25.25 on BSE as against its last close of Rs 23.95.South Indian Bank shares rallied 5% in the afternoon session today, as the bank announced its second quarter earnings. Net profit rose 18% to Rs 325 crore in the quarter as against Rs 275 crore…
Reinforcing its legacy of innovation and customer-centric approach, Toyota Kirloskar Motor (TKM) has announced the introduction of the Urban Cruiser Hyryder ‘Festival Limited Edition’, featuring exclusive Toyota Genuine Accessories (TGA) Package. This latest addition to the Urban Cruiser Hyryder line-up comes with 13 specially designed TGA, further enhancing the dynamic and premium driving experience. Since…
Shares of JSW Infrastructure made a positive debut on the stock markets on October 15, rising 3 percent to Rs 329 after Nuvama Institutional Equities initiated coverage with a ‘buy’ call, emphasising on the upside citing multiple levers for growth.With a target price of Rs 390, the domestic brokerage estimates an upside potential of 22…
