Tata Motors stock rises as firm adopts Business Agility Plan amid COVID surge
India s third-largest automobile manufacturing company reported domestic sales of 182,824 units in Q4 FY21, up 21 per cent on a sequential basis and up 94 percent on a year-on-year (YoY) basis
BusinessToday.In | April 27, 2021 | Updated 13:38 IST
At 12:42 hours, Tata Motors was quoting at Rs 298.50, up 1.05 percent on the BSE
Tata Motors share rose over 1% today after the auto firm announced that it has scaled up efforts to enhance the wellbeing of its personnel and their supporting ecosystem. The company has adopted a Business Agility Plan to protect and serve the interests of its customers, dealers, and suppliers.
Tata Motors, HCL Tech, Cyient and other stocks to watch out for on April 23
Apr 23, 2021
Tata Motors
Its subsidiary Jaguar Land Rover has suspended production at two of its UK factories due to supply chain disruptions caused by COVID-19.
Credit: BCCL
HCL Tech
Credit: BCCL
Cyient
The company reported an increase in net profit to ₹103 crore in the March 2021 quarter. It also declared a final dividend of ₹17 per share for FY21.
Credit: Cyient
Indus Towers
The company reported a marginal jump in net profit to ₹1,364 crore in the March 2021 quarter, and a decline in revenue to ₹6,492 crore, quarter-on-quarter.
Credit: Unsplash
Read more about Financials, auto, realty stocks dip as daily Covid-19 cases hit new peak on Business Standard. India recorded a massive surge of 1.69 lakh Covid-19 cases in the last 24 hours
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Wipro: Set to be its biggest ever buyout, Wipro will acquire London-headquartered Capco in a $1.45 billion (over Rs 10,500 crore) deal.
Heranbas Industries: Shares of Heranba Industries will list on the bourses today. The issue price has been fixed at Rs 627 per share.
Axis Bank: The private lender, on Thursday, said that one of its promoters, National Insurance Company, has asked it to classify the insurer as a public shareholder.
Mindspace REIT: Mindspace Business Parks REIT plans to raise up to Rs 450 crore through the issue of debt securities.