Tata Motors on Wednesday reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The auto major had reported a net loss of Rs 4,416 crore in the July-September period of the last fiscal. Total income, however, increased to Rs 80,650 crore in the period under review, as compared [...]
The Cochin Shipyard Ltd has bagged a prestigious international export order with a European client for the construction of Commissioning Service Operation Vessels (‘CSOVs’) for offshore wind farms. The contract is valued at around Rs 1000 crore, with potential for more orders in the series, a CSL statement here said. With the attention turning towards [...]
Amazon India and TVS Motor Company have joined hands to strengthen electric mobility in the country, the companies said in a joint statement on Wednesday. As part of the collaboration, a fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon's last-mile deliveries. In addition, the two companies will work in [...]
Investors lost ₹ 9,000 per share after MRF’s share price plunged 9.48 percent on Wednesday to reach an intraday low of ₹ 85901.65. This happened after the company reported a substantial decline in its margins. Its shares were trading at ₹ 86,724.10 apiece, 8.60 per cent lower at 02:51 PM on Wednesday. The Chennai-based tyre [...]
State-run BEML on Wednesday reported a 52.5 per cent rise in consolidated profit at Rs 16.26 crore for the July-September quarter on lower expenses. The company had posted a consolidated profit of Rs 10.66 crore in the year-ago period, BEML said in a regulatory filing. However, the consolidated total income of the company during the [...]
The shares of Honda India Power Products Ltd climbed a whopping 20% on Wednesday’s early trades to reach an intraday high of ₹ 2205.35 apiece on the National Stock Exchange (NSE). Its shares were trading at ₹ 2115.00 a piece, up 15.08%, at 01:03 PM on Wednesday. Honda India Power Products, formerly Honda India Power [...]
Realty firm Godrej Properties on Wednesday reported a 54 per cent increase in its consolidated net profit to Rs 54.96 crore for the second quarter ended September on higher income. Its net profit stood at Rs 35.73 crore in the year-ago period. Its total income also rose to Rs 369.20 crore in the second quarter [...]
The Nifty PSU Bank index stole the market’s thunder, as it zoomed to the tune of 11% in the past week to reach 3781.90 points! This move was propelled by the pleasantly surprising results posted by index heavyweights, Bank of Baroda, Canara Bank and the State Bank of India at the beginning of this week. [...]
The shares of PI Industries Ltd gained more than 11 per cent and reached its all-time high of Rs 3,688.15 in the early hours of Wednesday. The company is making new highs after it reported a 31 per cent Year on Year (YoY) growth in its revenue which stood at Rs 1,770 crore in Q2FY23 [...]
Diagnostic service provider Metropolis Healthcare on Tuesday reported a consolidated profit after tax of Rs 40.5 crore for the second quarter ended September 30. The company had reported a profit after tax of Rs 58.4 crore in the year-ago period. Its revenue from operations fell marginally to Rs 300.3 crore during the period under review [...]
