News Overview

In the June quarter, its EBITDA margin was 48.6 percent, up from 45.98 percent in the same period last year.

The Ola Electric IPO consists of 723,684,210 equity shares worth about ₹5,500 crore and an offer for sale of shares worth ₹645.56 crore.

The non-institutional investor part was subscribed 1.68 times, compared to 1.62 times subscription of the retail investor quota.

Over 69.92 lakh ITRs were uploaded on a single day, July 31, 2024.

This penalty follows an onsite inspection by IRDAI in September 2020, which reviewed the company's operations for the financial years 2017-18, 2018-19, and 2019-20.

The market breadth was negative, with 1,426 shares advancing, 1,960 shares declining, and 83 shares remaining unchanged.

Tata Motors stock has gained a total of 76% in the last one year, and 38% since the beginning of the year.

Revenue for the April-June quarter rose by 9.9% to ₹35,531.4 Crore from ₹32,326.7 Crore in the same quarter a year ago.

On the Sensex, some of the top losers include Maruti Suzuki, Tata Motors, Tata Steel, JSW Steel, and M&M.

The Akums Drugs IPO has been subscribed 63.56 times overall, with bids for 96.36 crore equity shares against the 1.51 crore shares on offer, according to NSE data.