Indian Stock Market Daily Updates
Tata Motors has announced that it will delist its DVR shares from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on or around July 23, 2023. The company’s board of directors approved the delisting proposal on July 12, 2023. DVR shares, or differential voting rights shares, are a type of equity security … Read more
Tata Motors, India’s largest automaker, has become the 16th most valued automaker in the world, beating Kia Corporation of South Korea. As of Monday, July 10, 2023, Tata Motors’ market capitalization was $27.15 billion, just below Hyundai Motor’s $27.35 billion. Kia Corporation’s market capitalization was $27.05 billion. Tata Motors’ stock price has been on a … Read more
Tata Group has signed a memorandum of understanding (MoU) with the Gujarat government to invest Rs 13,000 crore to set up a lithium-ion cell manufacturing plant in the state. The plant will be located in Sanand, Gujarat and will have an initial production capacity of 20 gigawatt-hours (GWh). The plant is expected to create direct … Read more
Yes, Tata Motors has declared a dividend for the first time since 2016. The company’s board of directors approved a final dividend of Rs 2 per share for TATA Motors shareholders and Rs 2.10 per share for TATA Motors DVR shareholders of the face value of Rs 2 each, for the financial year ended March … Read more
Tata Motors Ltd has reported Q3FY23 financial results for the period ending December 31, 2022. Financial Results (Q3 FY2023) – QoQ Comparison Financials Q3 FY2023 Q2 FY2023 % Change Total Income ₹89618.97 crs ₹80649.88 crs 11.12% Net Profit ₹2957.71 crs ₹-944.61 crs 413.11% EPS ₹7.81 ₹-2.47 416.19% Financial Results (Q3 FY2023) – YoY Comparison Financials … Read more