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Tata Motors Q1 results: Net profit may inflation 8-12%, margin expansion likely

Tata Motors Q1 results: Net profit may inflation 8-12%, margin expansion likely

Tata Motors Q1 Earnings: MOFSL expects Tata Motors to report consolidated net profit at Rs 4,107.40 crore, up 8.5 percent YoY, and sales at Rs 1,03,355 crore, up 1.1 percent YoY.Emkay Global said Tata Motors' consolidated net profit may rise 12.3 percent year-on-year to Rs 4,740 crore. The revenue of this brokerage is estimated to increase by 2 percent year-on-year to Rs 1,08,073 crore.Tata Motors Ltd is likely to report 8-12 percent year-on-year (YoY) rise in consolidated net profit for the June quarter due to decline in interest costs. We are seeing 1-3 percent YoY growth in sales and 50-60…
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Mcap of BSE-listed companies hits all-time upsurge of Rs 462.38 lakh crore

Mcap of BSE-listed companies hits all-time upsurge of Rs 462.38 lakh crore

Reliance Industries, Tata Motors, Infosys, Mahindra & Mahindra, Bajaj Finance and Axis Bank were among the laggards.The market capitalization of BSE-listed companies rose to an all-time high of Rs 462.38 lakh crore on Wednesday, following four days of gains in the benchmark indices.The 30-share BSE Sensex closed 285.94 points or 0.35 percent higher at 81,741.34 - an all-time high.In the last 4 trading sessions, the BSE benchmark increment 408.62 points or 0.50 percent, giving investors rise of over Rs 5.45 lakh crore.Investor wealth rose by Rs 5,45,337.02 crore in the last four days to reach a record high of Rs…
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Adani Energy upsurge $1 billion through QIP issue

Adani Energy upsurge $1 billion through QIP issue

The company had fixed the floor price of Rs 1,027 per share, which could allow a maximum discount of 5 per cent on the floor price.Adani Energy Solutions, the power transmission arm of Adani Group, has increased $1 billion (over Rs 8,300 crore) through a Qualified Institutional Placement issue.The issue was oversubscribed 3 times with a demand of about Rs 26,000 crore, the largest transaction in India's energy sector. The QIP issue price closed at Rs 1135 per share as against Rs 976 per share. Global investors including GQG, QIP, ADIA and some new US names participated in the issue.…
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Acmes Drugs & Pharma IPO: Pharma company grew by ₹828.78 crore from anchor investors ahead of public offering

Acmes Drugs & Pharma IPO: Pharma company grew by ₹828.78 crore from anchor investors ahead of public offering

According to the company's filing on the Bombay Stock Exchange (BSE), Ecums Drugs & Pharmaceuticals Ltd said the company has raised about ₹828.78 crore from anchor investors ahead of its initial public offering on Tuesday, July 30.The pharmaceutical manufacturing company on Monday, July 29, allotted 1,22,05,912 or 1.22 crore equity shares to its anchor investors at ₹679 per share, according to exchange filings.These included SBI Healthcare Opportunities Fund, SBI Conservative Hybrid Fund, International Growth and Income Fund, Smallcap World Fund, Abu Dhabi Investment Authority, DSP India Fund, IIFL Asset Management Ltd, BlackRock Emerging Frontiers Master Fund Ltd, BlackRock Global Funds…
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Shares of UltraTech Cement rise due to acquisition of India Cements; Check out the deal outline, industry impact, stock price outlook

Shares of UltraTech Cement rise due to acquisition of India Cements; Check out the deal outline, industry impact, stock price outlook

Share price of UltraTech Cement rose by over one per cent in early trade on Monday after the company announced the acquisition of 32.72% stake in India Cements. Meanwhile, share price of India Cements also rose by about 3% on BSE.Aditya Birla Group-owned UltraTech Cement said its board of directors has approved the acquisition of 32.72% equity stake of promoters and their associates in India Cements at ₹390 per share for ₹3,954 crore. This price is 4.1% higher than the closing price of India Cements shares of ₹374.60 last Friday.In June 2024, UltraTech had made a financial investment in South…
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Sonakshi Sinha looks very lovely in black in the glimpses of her bachelorette party, see pictures

Sonakshi Sinha looks very lovely in black in the glimpses of her bachelorette party, see pictures

Actress Sonakshi Sinha and Zaheer Iqbal tied the knot in a private civil ceremony held at Sinha's Mumbai residence. The couple, who dated each other for seven years, took vows under the Special Marriage Act and formalized their union. Sonakshi recently shared a throwback picture from her bachelorette party, in which she looked stunning in a shiny black dress.In the latest pictures shared by Hiramandi actress on Instagram, she is looking very beautiful in a black dress. He wrote in the caption, "Sonakshi recently shared a throwback photo from her bachelorette party, in which she looked stunning in a sparkling…
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Abhay Deol says he was bullied because of his famous relatives: ‘I never liked going to school’

Abhay Deol says he was bullied because of his famous relatives: ‘I never liked going to school’

Abhay Deol, who is gearing up for the release of his upcoming film Bun Tikki, also starringShabana Azmi and Zeenat Aman, in one of his recent Instagram posts talked about growing up as a person with low self-confidence, who was Was threatened by them.“I was a very low-confidence, underachieving, bullied kid. No one had any expectations from me nor did I inspire confidence in anyone. But that’s the beauty of life, anything is possible, so never stop learning,” read an excerpt from her post, which was accompanied by a dazzling photo of the actor with the Ban Tikki cast and…
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Janhvi Kapoor told she felt ‘disabled, paralyzed’ during recent hospitalization: ‘Wasn’t in a position to eat, speak or walk’

Janhvi Kapoor told she felt ‘disabled, paralyzed’ during recent hospitalization: ‘Wasn’t in a position to eat, speak or walk’

Bollywood actress Janhvi Kapoor was recently admitted to the hospital due to severe food poisoning. Janhvi was admitted to HN Reliance Hospital in South Mumbai on Thursday, a family source confirmed the news to Indianexpress.com. Recently, Zoom express that the Dhadak actor has been discharged from the hospital, while his father and producer Boney Kapoor confirmed to the outlet that "he is much better now."Janhvi, who is preparing for the release of Uljhan, recently talked about being hospitalized after experiencing a severe digestive immune disorder. Reflecting on this ordeal, Janhvi shares her experience and the importance of prioritizing well-being over…
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Shocking Bigg Boss OTT 3 eviction – Wild card entrant Adnan Shaikh out of Anil Kapoor’s show

Shocking Bigg Boss OTT 3 eviction – Wild card entrant Adnan Shaikh out of Anil Kapoor’s show

New Delhi: As the season finale approaches, survival for the contestants inside the controversial house of Bigg Boss OTT 3 is becoming tough. In Sunday (July 21, 2024) night's episode of the reality show Weekend Ka Vaar, we saw famous journalist Deepak Chaurasia getting eliminated. But, the much-loved series still has big surprises and shockers in store for the viewers.According to social media buzz, two more contestants have already been eliminated from Bigg Boss OTT Season 3. It is being said that actress Sana Sultan and social media personality Adnan Sheikh have recently been thrown out of the show. Based…
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Dilip Kumar told he had a ‘hangover’ after watching Krantiveer: ‘Tell Nana Patekar, he’ll be stuck with this label for the rest of his life’

Dilip Kumar told he had a ‘hangover’ after watching Krantiveer: ‘Tell Nana Patekar, he’ll be stuck with this label for the rest of his life’

Nana Patekar and Dimple Kapadia starrer Krantiveer turned 30 on Monday. On the occasion, the film's director Mehul Kumar shared several behind-the-scenes anecdotes about the National Award-winning film. He talked about Nana's dedication towards his role and how the actor shot the entire film in his old clothes.The filmmaker also revealed that Nana was admitted to the hospital after falling ill, yet he refused to cancel the shoot and completed the climax in just one day.In Krantiveer, Nana Patekar plays the character of a man who is thrown out of his home at a young age and grows up in…
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