ITC reported 13.7% rise in standalone net profit to Rs 3,697 crore on a 11.2% increase in net revenue to Rs 12,543 crore in Q2 FY22 as compared with Q2 FY21.
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The Tata Motors own Jaguar and land rover Has taken production shutdown at it's plant nitra and solihull between oct 25&29 while the plant in graz will shutdown on 25 and 26 october and 1 and 2 November
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In the market rebound post-first wave of Covid-19, a handful of stocks have become multibagger stocks in Indian stock market.Gopala Polyplast is one such multibagger penny stock, which has risen from ₹4.45 to ₹998.45 per share levels in last one year
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Vodafone India promoters consider stake dilution to raise capital for ballooning dues: Report
Talks are on with at least five investors for sale of shares and convertibles combination to raise capital for the telco to repay bank and government due.
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ITC reported 28.6% rise in consolidated profit after tax to Rs 3013 crore on a 36.7% increase in net revenue to Rs 12133 crore in Q1 FY22 over Q1 FY21. Consolidated EBITDA rose 50.8% Y-o-Y (year-on-year) to Rs 3992 crore.
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RIL reported 4.2% rise in consolidated net profit after tax to Rs 13806 crore on a 57.4% increase in revenue to Rs 158862 crore in Q1 FY22 over Q1 FY21. EBITDA increased by 27.6% to Rs 27,550 crore.
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Foreign institutional investors (FIIs) net sold shares worth Rs 1,494 crore, whereas domestic institutional investors (DIIs) net bought shares worth Rs 484 crore in the Indian equity market on March 8, as per provisional data available on the NSE.
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In February, Tata Motors shares have shown an annualized growth and have risen from 5 per cent to 8.8 per cent. The company ranks third in terms of market share. In the month of February, the company recorded the highest vehicle sales in 9 years.
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The Budget has pressed the right levers to create livelihoods, to make agriculture more productive and to enhance farmer incomes and this will give a boost to consumption and benefit FMCG over a period of time, says Sanjiv Puri.
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