Domestic markets bounced back on Tuesday with a more than 1% increase, thanks to strong global signals. Today, keep an eye on stocks like LIC, RVNL, BSE, Hindalco, Tata Motors, and Eicher Motors for exciting news and first quarter results. The spotlight is on LIC, Eicher Motors, RVNL, SAIL, MRF, and GRSE as they announce their Q1 results today.
India’s revered stock exchange BSE reported a net profit of Rs 265 crore in June 2024, a 40% decrease compared to the previous year. Tata Motors received an upgrade from Moody’s, enhancing their corporate rating to Ba1 with a promising outlook on all ratings.
Coromandel International has named S Sankarasubramanian as MD and CEO. Standard Chartered Bank might sell 3.09% equity in Protean eGov Technologies through block deals tomorrow. NHPC raked in a net profit of Rs 1,108 crore in Q1 with revenue of Rs 2,694 crore.
Apollo Tyres reported a net profit of Rs 302 crore in April-June, generating a revenue of Rs 6,335 crore. Novelis, part of Hindalco, achieved a net income of $151 million in Q1 with an adjusted EBITDA of $500 million.
#StockMarket #MarketUpdates #StockNews #InvestingTips #FinancialNews #TradingSignals #EconomicUpdate #IndianStocks #StocksToWatch #ProfitableInvestments #MoneyMatters #BusinessNews #FinancialGrowth #InvestmentOpportunities.