Tata Motors is generating strong free cash flow, which will help it pursue its business plans and reduce high debts.
Tata Steel was the top gainer in the Sensex pack, rising more than 1%, followed by IndusInd Bank, ICICI Bank, Titan, SBI and HDFC Bank
Tata Motors net revenue more than doubled to Rs 66,406 crore as against Rs 31,983.06 crore in a year-ago quarter
Despite pressure in the frontline indices broader markets ended in positive terrain. BSE MidCap index was up 0.06% while BSE SmallCap rose 0.34%.
Ahead of the IPO, shares of Glenmark Life Sciences were trading at Rs 855 per share marking a premium of Rs 135 or 18.75% at the upper price band
Rolex Rings has fixed a price band of Rs 880-900 per share. An investor can bid a minimum of 16 equity shares and in multiples, thereafter.
In Q1FY22 Yes Bank slippages of more than 5% were offset by upgrades, recoveries and write-offs
Market breadth was positive as 1,503 shares advanced on the BSE, while 975 declined and 104 remained unchanged
To facilitate the mega IPO, the government significantly increased the authorised capital of LIC to Rs 25,000 crore from Rs 100 crore
In a lackluster week, some 188 stocks or 38% constituents of the BSE 500 index ended the week with positive returns