2025-02-19Niranjan
CLSA has upgraded Tata Motors to a high-conviction ‘Outperform’ rating, raising its target price to ₹930. The brokerage sees strong upside potential, citing attractive valuations, JLR’s discounted trading levels, and an expected revival in the commercial vehicle segment.
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2025-02-18Niranjan
In the ever-volatile world of stock markets, tracking the performance of key indices and their constituents is crucial for investors. Recently, several prominent stocks in the Nifty50 index have seen significant declines from their 52-week highs. Here’s a detailed look at some of the notable performers and what these trends might indicate.
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2025-02-15Niranjan
U.S. President Donald Trump has announced plans to impose new tariffs on automobile imports starting April 2, 2025. This move, aimed at reducing trade imbalances and boosting domestic manufacturing, has sparked strong reactions from global markets, automakers, and policymakers.
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2025-02-12Niranjan
Ashok Leyland reported a 32% YoY increase in standalone net profit for Q3, reaching ₹762 crore, surpassing expectations. Revenue rose by 2.7% YoY to ₹9,478 crore, with EBITDA at ₹1,211 crore and margins at 12.8%.
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2025-02-11Niranjan
Tata Motors, a leading global automobile manufacturer, announced its performance for the December quarter on January 29, revealing a 22.5 per cent decline in consolidated net profit to Rs 5,578 crore. The company posted a net profit of Rs 7,145 crore during the same period last year.
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