Trent shares hit a new high of Rs 7,939.90, following a 4% rally on the NSE after Citi initiated coverage on the stock with a 'Buy' rating and a target price of Rs 9,250.
Shares of Indian Hotels Company hit a new high of Rs 693.35, gaining 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on expectations of strong revenue growth.
Nelco hit a multi-year high of Rs 1,271.95, rallied 13 per cent on the BSE in Tuesday's intra-day trade, and zoomed 46 per cent in eight trading days
The average trading volumes at the counter jumped over eight-fold, with a combined 18.6 million shares representing 1.3% of total equity of IHCL changing hands on the NSE and BSE till 01:45 PM.
The harmonisation of operating manuals across all Tata group airlines has been completed in the run-up to the Vistara-Air India merger and amalgamation of AIX Connect with Air India Express, a statement said on Monday. At present, the steel-to-software conglomerate fully owns three airlines -- Air India, Air India Express and AIX Connect (formerly AirAsia India) -- while it holds a majority of 51 per cent in Vistara. Singapore Airlines holds the remaining 49 per cent in Vistara. Following the completion of the harmonisation of the operating manuals, Air India said there will be two separate manuals, one for the full-service carrier Air India and the other for the low-cost cost-carrier Air India Express. Before this, all four airlines had separate operating manuals. Over the last 18 months, a team of more than 100 members have worked to align on the best practices and adopt common operating procedures, Air India noted. "This is an important milestone in the merger of the Tata Grou
Leading FMCG company Tata Consumer Products Limited (TCPL) will continue to invest in its brands and accelerate the growth momentum of the core businesses, tea, coffee and salt, the company's annual report said. In the annual report for 2023-24, TCPL said that to strengthen and accelerate core businesses, contribution of modern trade to total sales within the country was 14 per cent driven by the growth of new businesses. During 2023-24, the company continued to undertake focused brand-building efforts and launched several products. TCPL said that central to the company's growth strategy was on focusing on the core businesses of tea, coffee and salt. TCPL (formerly Tata Tea) said the company strengthened the tea and coffee businesses and also created new vectors of growth. The company was also successful in driving profitable growth in the key international markets of UK, USA and Canada. The company's focus on innovation lay in its belief that it is a strong strategic pillar and pl
Tata Hitachi Construction Machinery on Tuesday announced that it would invest Rs 200 crore in its two manufacturing plants to stay ahead of the curve in quality, innovation and localisation. The company, a 40:60 joint venture between Tata and Hitachi of Japan, aims at ramping up localisation levels to 70 per cent over the next 2-3 years, its Managing Director Sandeep Singh said. The company plans to produce 60-tonne dump trucks in India, leveraging technology from Hitachi Canada, primarily used for the mining industry, he said. Additionally, the company intends to introduce more models in India as part of the 'Atmanirbhar' (self-reliant) policy started long back, the official said. "We will invest a total of Rs 200 crore in our two plants in West Bengal's Kharagpur and Dharwad in Karnataka. This will help us stay at the forefront of innovation and increase self-reliance (Atamnirbharta) to 70 per cent in 2-3 years from the current 65 per cent," Singh said. The company is celebratin
Trent stock price update: Shares of Trent hit a new high of Rs 4,669.95 as they rallied 7 per cent on the BSE in Tuesday's intraday trade
Tata Play has informed the Ministry of Information and Broadcasting about the change in shareholding
Tejas Networks share price: Shares of Tejas Networks hit a new high of Rs 1,084.50 as they rallied nearly 20 per cent on the BSE in Tuesday's intraday trade amid heavy volumes
Of top 10 companies in Rekha Jhunjhunwala's portfolio total 8 stocks have given positive returns; while Metro Brands and Fortis Healthcare recorded negative returns of 11 per cent and 4 per cent
Tata Chemicals had rallied 46 per cent in the last six trading sessions; a 50 per cent retracement of the rally could see the stock dip to Rs 1,217, shows chart
However, Trent rallied 5 per cent to hit a record high of Rs 4,162.40, while Tata Consultancy Services (TCS) was up 1 per cent on the BSE
Stocks to Watch on Monday, March 11: As per multiple news reports, Tata Sons is mulling restructuring its balance sheet to get an exemption from the RBI from getting listed on the stock exchanges
Stocks to watch on March 1, 2024: L&T has commissioned its first hydrogen electrolyser at the green hydrogen plant at Hazira, Gujarat
In past one month, TCS has outperformed the market by surging 12 per cent on encouraging deal wins during October-December quarter (Q3FY24).
A combined market cap of Tata Motors (Rs 273,985 crore) and Tata Motors DVR (Rs 27,940 crore) touched Rs 3.02 trillion in intra-day trades on Tuesday.
Shares of Tata Motors hit a new high at Rs 801, and have zoomed 107 per cent so far in the calendar year 2023.
Tata Coffee will merge with Tata Consumer, TCPL Beverages on January 1, the company said in its exchange filing on Thursday
Closing Bell on Monday, November 20, 2023: In the broader markets, the BSE MidCap index ended mildly lower, down 0.06 per cent, while the BSE SmallCap index jumped 0.39 per cent