AUTO STOCKS , CEMENT

Harsha Upadhyaya of Kotak MF says demand in the auto sector is still hazy.

He added he remains positive on cement sector considering structural basis

-CNBC

TATA MOTORS : Tata Motors signs Memorandum of Understanding for the potential acquisition of Ford India’s Sanand plant

Tata motors Subsidiary TPEML would invest into new machinery and equipment which is necessary to commission and make the unit ready to produce its vehicles. With the proposed investments,it would establish an installed capacity of 300,000 units per annum, which would be scalable to more than 400,000 units. Co. anticipate this to take a few months. This MOU for a potential acquisition of this unit, is a win-win for all stakeholders and helps Tata Motors accelerate the enhancement of its PV/EV manufacturing capacity.

This unit is adjacent to the existing manufacturing facility of Tata Motors Passenger Vehicles Ltd at Sanand, which should help in a smooth transition.

L&T: CO WINS SIGNIFICANT CONTRACT || SIGNIFICANT CONTRACT VALUES UPTO 10 TO 25B RUPEES
SOURCE- EDELWEISS

Tata Passenger Electric Mobility has signed an MoU for the potential acquisition of #FordIndia's vehicle manufacturing plant

TPEML to invest in new machinery, and equipment to
commission & make the unit ready to produce vehicles

#Auto #Automobiles

L&T WINS ORDER FOR CHENNAI METRO RAIL PROJECT

#CNBCTV18Market | Tata Motors 2% higher on potential acquisition of Ford India's Sanand plant

Jubilant Foodwork may announce new Ceo Today with Q4 Result (Our Estimation )

GREENLAM IND. Q4 : CONS. NET PROFIT 256 M V 309 M (YOY) , 269 M (QOQ)

GREENLAM INDUSTRIES: Q4 CONS NET PROFIT RUPEES 256M VS 309M (YOY); 269M (QOQ)

SOURCE - EDELWEISS

GREENLAM IND. Q4 : REVENUE AT 4.63 BN V 4.15 B (YOY)

JSW Steel says

😔 Steel Prices Have Corrected more Than 10%

🤔Believe Export Duty is a temporary step

👍Confident on sales volumes guidance of 24 mt in FY23

👉JFE Is Not Going To Increase Stake Beyond 15%, No plans for equity raise

Cnbc

Greenlam Ind Q4

▶️Net profit down 17.2% at ₹25.6 cr vs ₹30.9 cr (YoY)

▶️Revenue up 11.6% at ₹463.4 cr vs ₹415.3 cr (YoY)

▶️EBITDA down 26.1% at ₹49.5 cr vs ₹67 cr (YoY)

▶️EBITDA margin at 10.7% vs 16.1% (YoY)

"We want to grow, but grow profitably" says Chintan Thakkar of Info Edge after Q4 numbers

#ETNOWExclusive | Yes Bank ARC set up is in the final stage; Swiss challenge method to be conducted soon for choosing the preferred bidder

#CNBCTV18Market | M&M surges to record high after strong Q4