Stocks to Watch on Tuesday: Adani Total, TVS Motor, UltraTech Cement, Tata Tech, IndusInd Bank and Gensol Engineering are among the stocks to watch today, April 29, 2025
Global product engineering and digital services firm Tata Technologies Ltd on Friday reported a 20.12 per cent rise in consolidated profit after tax at Rs 188.87 crore in the fourth quarter ended March 2025 on the back of higher income and lesser expenses. The company had posted a consolidated profit after tax (PAT) of Rs 157.24 crore in the same quarter of the year-ago fiscal, Tata Technologies said in a regulatory filing. Consolidated total income in the fourth quarter of FY25 stood at Rs 1,342.73 crore as compared to Rs 1,325.19 crore in the year-ago period, it added. Total expenses in the fourth quarter were at Rs 1,088.20 crore as against Rs 1,094.4 crore in the year-ago period. For the fiscal ended March 2025, PAT was at Rs 676.95 crore as compared to Rs 679.37 crore in the preceding financial year, the company said. Consolidated total income in FY25 was at Rs 5,292.58 crore as against Rs 5,232.75 crore a year ago, it added. "Over the year, we closed a total of 17 large dea
Decisions to invest in the US are likely to be delayed due to lack of clarity over tariff policy under President Donald Trump's new administration, according to Tata Technologies CEO & MD Warren Harris. The company, a global product engineering and digital services firm with significant presence in the US, however, is hopeful that in the next month or two, there will be some clarity in terms of policy, Harris told PTI from Detroit. "We are very bullish, medium to long term in North America. The lack of clarity on things like tariffs are not helpful. They're not helpful to our customers, and because they're not helpful to our customers, investment decisions are likely to be delayed," he said. Harris was responding to a query on the impact of Trump's tariff war against various countries. He further said,"But what we are clear about is that the administration is only less than two months old, and so I think in the next month or two, we are going to see clarity in terms of policy. ...
Global product engineering and digital services firm Tata Technologies on Tuesday announced key leadership changes as part of its strategy to closely support clients across automotive, industrial heavy machinery, and aerospace sectors. The changes are part of the company's 'One Team with Customers' philosophy by deepening integration with top global clients through dedicated account teams, Tata Technologies said in a statement. Under the new structure, Nachiket Paranjpe will expand his leadership scope, continuing to grow the automotive business outside Tata Motors Ltd (TML) group while driving transformation in the embedded software and software-defined vehicles (SDV) business, it said. His role will encompass full lifecycle ownership of sales, solutions, and delivery, ensuring Tata Technologies remains at the forefront of SDV and embedded software innovation, it added. Keith Matthews has been elevated as Head Sales - Aerospace Business with immediate effect. He will focus on scal
This would mark the second company from the Tata Group to go public in less than two years, as earlier in 2023, Tata Group's technology arm, Tata Technologies went public
Ahead of the Union Budget, Tata Technologies on Monday called for increased allocation toward upskilling initiatives aligned with Industry 4.0 to create a future-ready workforce. In order to achieve India's ambitious goals outlined in the roadmap for a USD 5 trillion economy, the budget should prioritise innovation-driven policies, investments in emerging technologies, and the development of products in India, for India and the world, Tata Technologies CEO & MD Warren Harris said in a statement. Key growth drivers such as smart manufacturing, AI, digital transformation, and software-defined vehicles (SDVs) require strong government backing through incentives for R&D, skill development, and infrastructure enhancement, he noted. Outlining the company's expectations from the budget, Harris said,"We recommend increased allocation toward upskilling initiatives aligned with Industry 4.0, creating a future-ready workforce capable of excelling in advanced technologies like AI, IoT, ...
The partnership will leverage Tata Technologies' deep expertise in automotive software engineering and integration of next-gen technologies
Tata Technologies' profit fell 27% in the quarter ended March 31 due to similar reasons
Tata Tech IPO: The shares of Tata Technologies will likely be listed on the bourses (BSE & NSE) on November 30
Third party reports and comments can affect markets and shake investor confidence
The objective of the partnership between Airbus SAS and Tata Advanced Systems is to meet the demand for military transport aircraft as India replaces its ageing military transport fleet
Tata Tech offering races past LIC with a record 7.33 million applications
Primary market activity indicates broader revival
The maiden public issue will open for public subscription on November 22 and conclude on November 24. The anchor book of the offer will be opened for a day on November 21
On track to pare debt, analysts expect it to have Rs 2K cr cash on the books by end-FY25
TPG Rise Climate is the lead investor for this transaction. TTL is a global engineering services company offering product development and digital solutions to global original equipment manufacturers
The project aims to train over 10,000 youth annually in advanced skills, fostering better employment opportunities and will also provide employment opportunities to the skilled youth
Tata Technologies, an arm of Tata Motors, Gandhar Oil Refinery (India) Ltd and non-banking financial company SBFC Finance have received capital market regulator Sebi's approval to raise funds through initial public offerings. The three companies, which filed their preliminary papers with Sebi between December 2022 and March 2023, obtained the regulator's observations during June 21-23, an update with the markets watchdog showed on Tuesday. In Sebi's parlance, obtaining observations mean its go-ahead to float the initial share sale. As per the draft papers, Tata Technologies' IPO is purely an Offer For Sale (OFS), where the company will sell up to 9.57 crore equity shares representing approximately 23.60 per cent of its paid-up share capital. Under the OFS, Tata Technologies' parent company Tata Motors will offload 8.11 crore shares or a 20 per cent stake in the company. Among other shareholders, Alpha TC Holdings Pte plans to sell up to 97.16 lakh shares (2.40 per cent) and Tata .
Tata Electronic's expansion plans are being seen as an extension of its ongoing acquisition of Wistron's iPhone manufacturing unit in Karnataka's Kolar district
Tata Metaliks Limited (TML) on Friday announced a nearly six per cent rise in net profit to Rs 55.56 crore for the fourth quarter period ended March 2023 on the back of higher revenues. The net profit for the corresponding Q4FY'22 was Rs 52.46 crore. The revenue from operations for Q4FY'23 was Rs 926 crore, as compared to Rs 808 crore in the corresponding period of the previous year, representing a growth of 14 per cent. Total expenses for the period were Rs 863 crore, as compared to Rs 772 crore in the corresponding period of the last fiscal. The Ductile Iron (DI) pipe plant-2 (new plant) production had a vertical ramp-up and its production of finished pipes touched 35 kilotonnes (KT) in the quarter (25 KT in Q3 FY'23), the company said in a statement. The company said its product portfolio now covers the larger size range from 900 mm to 1200 mm diameter pipes which constituted almost 30 per cent of sales from the new plant. "The company's DI Pipe business has a healthy order bo