Q1FY19 Result: Tata Investment Corporation reports 22 per cent Revenue growth
Q1FY19 Result: Tata Investment Corporation reports 22 per cent Revenue growth

Q1FY19 Result: Tata Investment Corporation reports 22 per cent Revenue growth

Akshay N Gadiya Article rating: 3.3

EBITDA for the quarter rose by 26.3 per cent yoy to Rs. 26.34 crore with a corresponding margin expansion of 282 bps. EBITDA margin for the quarter stood at 85.1 per cent. TICL functions on an invest and hold business model that has hardly any operating expenses and thus exceptional margins. The PAT for the quarter came in at Rs. 22.48 crore, yoy increase of 25 per cent.

Force Motors to restart Man Trucks operations
Force Motors to restart Man Trucks operations

Force Motors to restart Man Trucks operations

Bhagyashree Vivarekar Article rating: 4.3

Force Motors, the maker of light and heavy commercial vehicles, has entered into an agreement to acquire manufacturing plant of the German automaker Volkswagen Group's MAN Trucks.

Rupee gain at all time low mark
Rupee gain at all time low mark

Rupee gain at all time low mark

Rohan Takalkar Article rating: 5.0

Indian benchmark indices opened flat to negative on weak global cues and lower rupee. The Indian rupee down all-time low at Rs. 70.17 per dollar.

Ten stocks close to their 52-week high
Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

Shital Jibhe Article rating: 5.0

The markets on August 24, 2018 opened down. BSE Sensex is trading at 38,231.29, down by 105.47 points and the Nifty is trading at 11,552.15, down by 30.60 points. 

Five stocks with selling interest
Five stocks with selling interest

Five stocks with selling interest

Shital Jibhe Article rating: 5.0

Overall volumes in futures & options currently stand at 1.68 crore contracts with a turnover of Rs. 17,81,185.26 crore.

Five stocks with buying interest
Five stocks with buying interest

Five stocks with buying interest

Shital Jibhe Article rating: 3.3

Overall volumes in futures & options currently stand at 1.68 crore contracts with a turnover of Rs. 17,81,185.26 crore.

Ashok Leyland Wins Defence Tender
Ashok Leyland Wins Defence Tender

Ashok Leyland Wins Defence Tender

Akshay N Gadiya Article rating: 3.5

Ashok Leyland announced yet another tender win for Defence Tracked Combat Vehicle. This tender is for developmental work and marks Ashok Leyland's foray into tracked vehicle business after bagging many other defence deals.

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