#CNBCTV18Market | Nomura downgrades BHEL to reduce, cuts EBITDA est by 13%/4% for FY24/25 to factor in delayed order inflow & weak margin
#CNBCTV18Market | Assessing JLR EV roadmap heading into 2023 Investor day on June 12, JLR's long-term DCF indicates a valuation of $7 bn within co’s current market cap of $24 bn: GS On Tata Motors
#CNBCTV18Market | MS gives an overweight rating on Delhivery, reiterates good long-term growth prospects along with key competitive moats
#CNBCTV18Market | NIMs will likely compress from Q4 levels, full-year NIMs may be flattish, mgmt said that they are working on multiple areas of synergies with Citibank: Jefferies On Axis Bank
#CNBCTV18Market | Cash flow challenges emerge in FY23, expect ordering momentum to slow in FY24 ahead of general elections. Remain negative on the sector: Nomura On Road Sector
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#RBIPolicy | Indian economy & financial sector stand out as strong & resilient, and domestic macro-economic fundamentals are strengthening. Rural demand is on a revival path: @DasShaktikanta
#RBIPolicy | See easing of inflation observed across all headline inflation categories, forecast of normal monsoon augurs well for Kharif crop: RBI Governor @DasShaktikanta says
#RBIPolicy | Goal is to reach the targeted 4% inflation going forward, our monetary policy actions are yielding desired results giving us space to keep rates unchanged in this meeting: RBI Governor @DasShaktikanta says
#CNBCTV18Market | Co targets 300 bps EBITDA margin expansion for PV business, see the quantum of PLI scheme tailwinds to EV profitability: GS on Tata Motors
#CNBCTV18Market | UBS gives sell rating on Tata Motors, co aims for near zero net debt in India ops by FY25 despite ₹8,000 cr capex in FY24
#CNBCTV18Market | CV segment growth should moderate in FY24, co stands to benefit from Tata Group’s foray into cell manufacturing: JPMorgan on Tata Motors