The domestic equity barometers extended initial gains and hit fresh intraday high in morning trade. Positive global cues boosted sentiment. The Nifty traded a tad above the 16,600 level. All the sectoral indices on the NSE were currently trading in the green. At 10:30 IST, the barometer index, S&P BSE Sensex was up 954.37 points or 1.74% to 55,839.03. The Nifty 50 index rose 278.20 […]
Tata Motors rose 2.68% to Rs 441.10 after the companys subsidiary signed Memorandum of Understanding with Govt of Gujarat for potential acquisition of Ford Indias Sanand plant.
EBITDA margins improved significantly to 29% during FY22 as compared to 24% in FY21.
The rating agency further stated that there is no amount outstanding against the rated instrument, and the rating stands withdrawn.
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