New Delhi: plunged as much as 5% in Monday’s trade after the company’s luxury arm Jaguar Land Rover (JLR) reported a muted update for the September quarter. Jaguar Land Rover reported a 4.9% decline in retail sales at 88,121 units in the second quarter ended September 30, 2021. The company had posted retail sales of … Read more
, part of the automobile sector, has been an underperformer so far in 2022 but recent price action suggests that bulls are catching up and aggressive investors can play for a technical bounce towards Rs 500 levels. The stock with a market capitalization of nearly Rs 1.5 lakh crore hit a 52-week high of Rs … Read more
DVR, part of Tata Group, has fallen more than 20 per cent from its November 2021 highs effectively placing the stock in bear grip, but the chart pattern suggests that bulls are taking control at least in the short term. After hitting a 52-week high of Rs 298 on 17 November 2021, the stock failed … Read more
New Delhi: Foreign brokerage firm HSBC Global Research retained its positive view on , with a ‘buy’ call, and increased the target price on the counter. The brokerage said improvement in semiconductor supply should help Jaguar Land Rover (JLR) volumes going forward, disproportionately benefiting the cash flows. Semiconductor supply is likely to improve every month … Read more
MUMBAI: While largecap investors may be cribbing about the false recovery in the headline indices on Monday, after they ended in the red today, midcaps investors have no such complaints. The segment’s recovery continued to gain strength heading into the Diwali holidays as the Nifty Midcap 100 rose over 0.8 per cent on a day … Read more
New Delhi: The domestic equity market extended its bull run for the second straight week as benchmark indices scaled new lifetime peaks, supported by positive cues. BSE Sensex and its broader peer Nifty50 added more than 2 per cent each during the week. The broader market marched along with the benchmark indices as BSE Midcap … Read more
New Delhi: Shares of Tata Motors traded flat in Friday’s morning trade ahead of the company’s financial result for the quarter ended June 30 later in the day. The scrip was up 0.10 per cent at Rs 103.75, while the benchmark BSE Sensex was down 0.11 per cent at 37,696 at around the same time. … Read more