Tag: motors

Devang Mehta discusses Tata Motors\’ stock being fully priced in amid global demand slowdown, Zomato\’s strong management but low margins, UPL\’s recent surge, and sector rotation. He also analyzes potential corrections and new investor opportunities in the market. Mehta says: \”A lot of companies are now fully priced in and there will be some correction if you disappoint a little bit or if even the sector disappoints a bit.\”

Tata Motors on Friday announced a dividend of Rs 6 per share while announcing its Q4 results, which would be paid to the eligible shareholders on or before June 28.

Tata Motors Q4 Results: The company reported a net profit of Rs 12,033 crore in the year-ago period. The revenue for the quarter under review stood at Rs 1.20 lakh crore which was a 13.3% YoY jump.

Q4 results today: Several other companies scheduled to release their financial results include Cholamandalam Finance, Eicher Motors, Finolex Industries, Jupiter LifeLine Hospitals, Kalyan Jewellers, Piramal Pharma, Punjab and Sind Bank, Spencers Retail, TCI Express, Thermax, and more.

Shares of TVS Motor Company surged nearly 6% on Thursday on BSE to the day’s high of Rs 2,121.30 as the company reported an 18% year-on-year (YoY) increase in standalone net profit to Rs 485.43 crore for the fourth quarter ended March 31, 2024.

The profit after tax (PAT) is seen in the range of Rs 7,438 crore and Rs 8,350 crore while the revenue is expected to stay between Rs 1,05,932.40 crore and Rs 1,21,606.80 crore, the estimates revealed.

F&O stocks to buy today: Indian market poised for higher trade. Nifty shows bullish sentiment with support at 22000, 21900 levels. Experts recommend buying PVR Inox, Escorts, Bajaj Finance, SBI Cards, Eicher Motors, Crompton Greaves Consumer for short-term trading.

Investors monitor Sensex behavior during Lok Sabha election. FPIs sell Indian stocks. Hope for a good monsoon. Structural growth opportunity in Indian equities. Tata Steel, JSW Steel, Tata Motors, and HAL among recommended stocks.

ICICI Bank, Reliance Industries, Mahindra & Mahindra, Eicher Motors, SAIL, IRCTC, City Union Bank and Tata Motors are among the stocks recommended by analysts for the short term.