Tata Motors raised $1 billion for EV arm from TGP Rise Climate in 2021. M&M raised $250 million from BII in 2022.
Sensex surges 400 points; Nifty above 18,600; all index stocks gain; Nifty Bank at record high
On the sectoral front, Nifty IT (+1.42%) and Media (+1.71%) stocks are trading with the most gains.
Company's stock price rises after its net profit rises by 40.7%.
Recommendation: Buy; Target Price: Rs 250
Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Kotak Nifty 200 Momentum 30 Index Fund.
Bajaj Auto (+2.40%) is the top gainer on NSE in today’s trade.
NCLT's order pertains to ordering NSE and BSE to review the non-compete fee clause in Sony - Zee merger.
The Scheme would invest in Securities covered by S&P BSE Housing Index and debt and money market instruments.
Nifty Metal, Nifty Bank, and Nifty Financial Services in red.