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ABB India Released Q1 CY2024 Performance: Revenue Increased 28% YoY

ABB India Released Q1 CY2024 Performance: Revenue Increased 28% YoY

13 May 2024

ABB India Limited recently released results for the first quarter ended March 31, 2024 (Q1 CY2024). The company reported sales of ₹3,080 crore for the first quarter, up 28% year over year, thanks to a robust backlog, an installed base, and the market reach of all business divisions. Services and exports were also major contributors …

Tata Motors Management Gets Cautious, Says JLR Margins to Remain Flat, Stock Down 8%

Tata Motors Management Gets Cautious, Says JLR Margins to Remain Flat, Stock Down 8%

13 May 2024

Stocks of the Tata Group company, Tata Motors Ltd, have fallen by 8% in today’s morning session on flat margin guidance for JLR by the management in the Q4 FY 2023-24 earnings presentation. Tata Motors Q4 highlights Tata Motors in its Q4 FY 2023-24 has reported a revenue of Rs.1.19 Lakh crores against a revenue …

Share Market Pre Open Updates – May 13, 2024

Share Market Pre Open Updates – May 13, 2024

13 May 2024

On May 10, 2024, the Nifty 50 rose 0.44% and closed at 22,055, and the Sensex increased 0.36%, closing at 72,664.  Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Midsmall Healthcare, Nifty Oil and Gas and Nifty FMCG ended in the green. Meanwhile, Nifty IT, Nifty Realty, Nifty PSU Bank, and Nifty …

EFC (I) Limited to Make Strategic Investment in Eleganz Interiors Limited

EFC (I) Limited to Make Strategic Investment in Eleganz Interiors Limited

10 May 2024

On May 9, 2024, EFC (I) Limited informed the stock exchanges that the company’s board had approved a strategic investment in Eleganz Interiors Limited by subscribing to the Private Placement Offer. Details of the Investment EFC (I) Limited to make a strategic investment of ₹2,00,00,034 for 2,46,914 Equity Shares of ₹10 each at an issue …

Tata Motors Q4 results announced: PAT Beats Street’s Estimates

Tata Motors Q4 results announced: PAT Beats Street’s Estimates

10 May 2024

The Tata Group company, Tata Motors has reported its Q4 FY 2023-24 earnings today, The company has recorded a surge in profit after tax to Rs.17,407 crores in this quarter from Rs.5,400 crores in Q4 FY 2022-23. Q4 Performance of Tata Motors Tata Motors in its Q4 FY 2023-24 has reported a revenue of Rs.1.19 …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 13

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 13

10 May 2024

On Friday, key stock market indices rose modestly, with Sensex climbing 0.36% to 72,664.47 and Nifty up 0.44% to 22,055.20. Nifty Energy, Metal, and FMCG sectors posted gains, while Nifty IT, Realty, and PSU Bank sectors saw declines. Top gainers included BPCL, NTPC, and Power Grid, while TCS, Cipla, and LTIMindtree were among the top …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

10 May 2024

During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. NHPC Ltd NHPC Ltd showed moderate trading activity with a slight increase in its stock price, closing at Rs 94.35, up by 0.75% from the previous close of Rs 93.65. The stock traded …

Delhivery’s AI-powered RTO Predictor Helping Businesses to Reduce Logistics Costs

Delhivery’s AI-powered RTO Predictor Helping Businesses to Reduce Logistics Costs

10 May 2024

Delhivery Limited, India’s leading integrated logistics provider, announced today the success of its AI-powered RTO Predictor in significantly reducing return costs for D2C brands. This solution has already empowered over 4,800 brands, including notable names like Heads Up for Tails, Healthkart, W for Woman, and Be Minimalist. Launched in 2024, the RTO Predictor is available …

TVS Holdings to Acquire 80.74% Stake in Home Credit India

TVS Holdings to Acquire 80.74% Stake in Home Credit India

10 May 2024

On May 10, 2024, TVS Holdings Limited informed the exchanges that the company’s board approved the acquisition of an 80.74% equity stake of Home Credit India Finance Private Limited (Home Credit India) for ₹554 crore (proposed transaction). The remaining 19.26% of the equity stake will be bought by Premji Invest and other associates. After signing …

Netweb Technologies Inaugurates India’s Flagship High-End Computing Manufacturing Unit

Netweb Technologies Inaugurates India’s Flagship High-End Computing Manufacturing Unit

10 May 2024

On May 10, 2024, Netweb Technologies informed the exchanges about the inauguration of India’s flagship end-to-end high-end computing servers, storage and switch manufacturing unit. Today, the inauguration ceremony marked a significant advancement in strengthening the Government of India’s “Make in India” initiative at its newly established facility in Faridabad. A leading technology solutions provider, Netweb …

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