This notable uptick in share value followed investor enthusiasm spurred by the company’s strategic decision to demerge its commercial and passenger vehicle segments into two distinct listed entities. This move aims to enhance the company’s ability to capitalise on growth opportunities effectively. On Monday, the company approved a demerger proposal for Tata Motors, splitting it …
Continuing their bearish trajectory, shares of IREDA, a power financing NBFC, experienced a 4.15% decline to ₹146.55 per share in today’s intraday trading session, following a 5% drop in the previous session. After reaching a record high, the stock has been on a downward trend, consistently setting new intraday lows each day. On February 06, …
Shares of Ashok Leyland, the Indian flagship of the Hinduja Group, zoomed 4.2% to ₹186.85 apiece in today’s morning deals after the company posted a strong set of numbers for the December quarter (Q3 FY24). This surge has brought the stock to trade near its all-time high level of ₹191.50 apiece, touched on August 2023. …
Angel One witnessed a significant decline in its stock value early on Tuesday following the company’s release of Q3 FY24 numbers on Monday post-market hours. The company reported a net profit of ₹260 crore in Q3FY24, reflecting a 14.50% quarter-on-quarter (QoQ) decrease but showing a positive 14% year-on-year (YoY) improvement. Its total revenue from operations …
The company shares have been under pressure in recent sessions amid circulating reports of tax evasion allegations against the company. Against this backdrop, the stock witnessed a decline of 28.23% over the last six sessions, falling from ₹5,404 apiece to ₹3,878.45. Also Read: Polycab India share price cracks over 22% on reports of I-T raid …