Tycoons Keep Stock Market Chemistry Alive
Despite sluggish business, most promoters added wealth.
Despite sluggish business, most promoters added wealth.
The company's consolidated net profit from continuing operations dropped by almost 70%, totalling ₹175 crore in the first quarter of this fiscal.
India is pushing private sector participation in building smaller nuclear plants to meet green targets.
After gaining nearly 40% in the last six sessions, Tata Chemicals declined 10.3% on Monday; Tata Motors, Tata Power, Tata Investment Corp fell up to 5%.
Profit for three months ending December 31 dropped to ₹158 crore compared to ₹398 crore in corresponding period of previous year.
How Chairman N. Chandrasekaran is transforming the 154-year-old Group by re-imagining legacy businesses, seeding new-age firms and a $90 billion investment boost.
As India’s fast-growing economy determined to achieve ‘aatmanirbharta’ throws up new business opportunities, Tatas need to tap them to stay ahead of the curve.
Tata Chemicals has reported a multi-fold jump in its consolidated profit at ₹470.24 crore in March quarter of 2022, compared to ₹29.26 crore in the year-ago period.
The two listed stocks of Shapoorji Pallonji Group jumped on the bourses after the Mistry family said it was considering severing ties with the Tata group.
Nearly three years after launching an electric vehicle for the commercial segment, Tata Motors has launched its first electric vehicle for private owners.