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Sona BLW shifts gear with order boost from EV space

Sona BLW shifts gear with order boost from EV space
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Tata Motors rides high on JLR volume, margin expectations

From its lows in December, the stock of Tata Motors is up about 15 per cent.

The gains came on the back of better than expected December volumes in its UK-based subsidiary Jaguar Land Rover (JLR).

This coupled with gradual recovery in the global passenger vehicle demand, improving profitability due to product mix and lower commodity costs are expected to be key positives for the company.

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Bajaj Auto's m-cap surpasses Rs 2 trillion-mark on Rs 4,000-crore buyback

Bajaj Auto's market capitalisation (market cap) hit Rs 2 trillion mark for the first time.

The stock of the two and three-wheeler major rallied 6 per cent to hit a new high of Rs 7,420 on the BSE in Tuesday's (January 9) intraday trade after its board approved Rs 4,000 crore share buyback at Rs 10,000 per share.

The stock ended the day at Rs 7,093.75, up 1.55 per cent and its market cap a shade above Rs 2 trillion.

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