#2QWithCNBCTV18 | @TataMotors's JLR margins beat expectations are 11.1% vs expectation of 9.6%. @JLR_News reports Positive Free Cash Flows of £463 m. Co says gradual improvement in sales is expected to continue for JLR and will be supported by new and refreshed products
#2QWithCNBCTV18 | Tata Motors says want a frictionless border, good for everyone in the long run. Operationally well-prepared for any friction that may happen. See concerns with the second wave of Covid, but so far it is not showing on the demand pattern
#2QWithCNBCTV18 | Tata Motors says the need for a partner for TML is to seize the opportunity India has to offer. It will be good for us to work with a partner in the long run
#2QWithCNBCTV18 | Tata Motors says things are moving faster than what we extrapolated w.r.t fleet utilsation. October has been a blown out month in the industry for PV demand. Don't have capacity at this time, doing our best to ramp up supply
#MarketAtClose | Market falls for 2nd straight day; Sensex & Nifty at 3-week lows. Nifty fails to hold 11,700, ends 59 points lower at 11,67. Sensex slips 173 points to 39,750 & Nifty Bank 141 pts to 24,092. Midcap Index declines 74 points to 16,974; mkt breadth favours declines
#MarketAtClose | L&T top Nifty loser after Q2 earnings & lower special dividend than expectations. Titan extends yesterday’s losses as commentary fails to boost the sentiment
#MarketAtClose | Axis Bank falls 2% after reporting higher slippages in Q2
#2QWithCNBCTV18 | L&T Q2: Profit of Rs 5,520.3 cr includes exceptional gain of Rs 3,919 cr
Profit before exceptional gain & tax is Rs 1,410.3 cr
#2QWithCNBCTV18 | L&T Q2 profit comes in at Rs 5,520.3 cr which includes exceptional gain of Rs 3,919 cr. Profit before exceptional gain & tax is Rs 1,410.3 cr
#2QWithCNBCTV18 | L&T's Q2 revenue slips more than 12% YoY & EBITDA 17%. Co declares special dividend of Rs 18/sh