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May 4, 2023 • 9 tweets • 1 min read
Adani Ports’ robust April, Godrej Properties’ positive Q4, Tata Chemicals profit and revenue up.
A short 🧵on the top trending stories of the hour.
⭐ Adani Ports’ robust April
The port operator handled 32.3 million metric tonnes (MMT) of cargo in April. This represents an increase of 12.8% YoY. This growth was supported by a 13.6% rise in container volumes.
May 3, 2023 • 5 tweets • 1 min read
M&M Fin’s robust April, Bombay Burmah falls on Go First insolvency, Lemon Tree reveals expansion plans. A short 🧵on the top trending stories of the hour. #MarketUpdate
⭐ M&M Fin’s robust April
Mahindra & Mahindra Finance (+1.3%) reported a 39% YoY growth in total disbursements in April 2023. The company’s total disbursements stood at around ₹3,775 crore. Meanwhile, its total business assets stood at ₹83,900 crore at a growth of 1.4%.
May 2, 2023 • 5 tweets • 1 min read
M&M Finance’s shares surge, India’s manufacturing PMI hits 4-month high, Robust domestic sales rescue Bajaj Auto. A short 🧵on the top trending stories of the hour. #MidMarketUpdate
⭐Robust domestic sales rescue Bajaj Auto
Shares of the automaker rose more than 1% intraday. This comes after the company’s domestic two-wheeler sales surged 95% YoY to 1.8 lakh units. However, its overall two-wheeler sales were almost flat, rising just 2% to 2.8 lakh units.
