Tata Motors turns profitable after 7 quarters. Should you buy stock?
The auto major reported a consolidated net profit, the first time in seven quarters, at ₹2,958 crore in Q3 FY23, driven by strong sales and robust demand.
The auto major reported a consolidated net profit, the first time in seven quarters, at ₹2,958 crore in Q3 FY23, driven by strong sales and robust demand.
TVS Motor shares extended gains for the third straight session and rose 3.4% to ₹1,019.80 as investors cheered its better-than-expected Q3 results.
Tata Motors plans to raise $500-600 million from global investors after it garnered $1 billion last year from TPG’s Rise Climate Fund and Abu Dhabi state holding company ADQ.
Domestic industry volumes will continue to drive growth, with export prospects remaining weak, says ICRA.
MG has unveiled a production-ready hydrogen fuel-cell MPV 'EUNIQ 7' at the Auto Expo 2023.
The auto major reported 10% growth in monthly domestic sales, while third quarter figures jumped 14% on a year-on-year basis.
Right to repair has been recognised in many countries across the globe, including the U.S., the U.K. and the European Union.
There is a lot of frenzied activity going on behind the scenes, as airbag makers look to corner the most out of the market, which could grow to about ₹7,000 crore in five years.
TML CV Mobility Solutions, a subsidiary of Tata Motors, will supply, operate, and maintain 1,500 units of Tata Starbus EV for a period of 12 years in Delhi.
The BSE bankex index was the top performer with a 2% gain, led by Bank of Baroda, Federal Bank, Kotak Mahindra Bank, HDFC Bank, and SBI.