Tata Motors stock falls 5% ahead of Q4 earnings; here's what brokerages say
Tata Motors' stock fell nearly 5 per cent ahead of the auto major's Q 4 earnings today. Tata Motors ' stock fell nearly 5 per cent ahead ... ... ALSO READ: Tata 's bestselling EV propels it to become India's top-selling SUV brand. Kotak Institutional Equities KIE expects Tata Motors to post an improvement in gross... ... use the Nexon EV as their primary vehicle: Tata Motors The auto arm of the Tata Group reported a loss of 1,16 crore attributable to shareholders for the quarter ended...
Updated: 05/12/2022
Delhivery IPO to open on May 11; size cut to Rs 5,235 crore
The initial public offering IPO of Delhivery will open on May 11th. The initial public ... ... Limited, Morgan Stanley India Company Pvt Ltd , BofA Securities India Limited and Kotak Mahindra Capital Company Limited . The IPO consists of a new issue of Rs 4,000... ... reported an EBITDA loss of Rs 232 crore and a net loss of Rs 891 crore. No other peer group in the Indian market has the same business model as Delhivery. The company has...
Updated: 05/10/2022
Retail wealth management firm Prudent Corporate Advisory Services raises over Rs 159 crore
... raised a little over Rs 159 crore from anchor investors ahead of its initial share sale. The transaction size was 159.43 crore as per the circular uploaded on BSE . The company... ... MF, L&T MF, UTI MF, Canara Robeco MF, Motilal Oswal MF , Aditya Birla Sun Life MF, Kotak MF and HSBC MF are some of the anchor investors. The initial share-sale of 85... ... Advisory Services is one of the leading independent retail wealth management services groups excluding banks in India and is one of the top mutual fund distributors in terms...
Updated: 05/09/2022
LIC Advisors forgoing large fees, settle for glory
Bloomberg investment banks advising on the initial public offering of Life Insurance Corp. of India are forgoing large fees expected from the country s biggest ever ... ... Co. and Nomura Holdings Inc. didn't immediately respond to requests for comment, while Axis Capital Ltd. , Citigroup Inc., Kotak Mahindra Capital Co. and SBI Capital Markets Ltd. didn't immediately respond to requests for comment. None Formula One ...
Updated: 05/09/2022
Delhivery IPO details; price band fixed fixed
... close on May 13th. A price band of Rs 462 -- 487 a share for its IPO has been fixed by the company. The bid for anchor investors will open on May 10, according to the company's... ... crore. The OFS will disband the shares in the logistics company if investors Carlyle Group and SoftBank and Delhivery's co-founders are included. CA Swift Investments, an... ... Citigroup Global Markets India , BofA Securities India, Morgan Stanley India Company and Kotak Mahindra Capital Company. In May, Delhivery announced that it has raised USD 275...
Updated: 05/05/2022
Sensex, Nifty likely to open higher today
The Indian equity market is likely to open higher this as SGX Nifty rose by 156 points ... ... Suzuki, were the top Sensex losers, falling up to 4.29 per cent. PowerGrid, NTPC, and Kotak Bank were the only Sensex gainers, rising up to 2.75 per cent. The mid-cap and... ..., aided by growth in underlying profitability and lower exceptional costs. The Tata group subsidiary had a net profit of 53.90 crore in the year-ago period. In Q 4 the...
Updated: 05/05/2022
LIC reports over 5,627 crore investment in IPO
In an early morning filing, the insurer said that LIC had a little over 5,627 crore from the anchor investors led ... ... names in this category included ICICI Prudential Life Insurance, SBI Life Insurance , Kotak Mahindra Life Insurance , PNB Metlife Insurance, SBI Pension Fund and UTI Retirement... ... non-participating products and seven individual optional rider benefits. The insurer's group product portfolio comprises 11 group products. As of December 2021, LIC had a...
Updated: 05/03/2022
Sensex, Nifty likely to open lower amid mixed global cues
The Indian equity market is likely to open lower this as the SGX Nifty fell 214 points ... ... per cent to 17,392. M&M, Maruti, Bajaj Finserv, Asian Paints, Reliance Industries, Kotak Mahindra Bank, HDFC , TCS, Sun Pharma, Infosys and IndusInd Bank were the top... ... share was approved by the board for the financial year ending March 2022. This Tata Group stock turned into 8 lakh in 3 years, did you miss the rally? ICICI Lombard General...
Updated: 04/22/2022
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