Market News
Stay updated with the latest market trends, earnings, and economic indicators.
TMPV gains as JLR Q4 wholesale volumes surge 61% QoQ
Tata Motors Passenger Vehicles (TMPV) rose 1.02% to Rs 306.50 after the company's arm, Jaguqar Land Rover (JLR)'s Wholesale volumes increased 61.1% in Q4 FY26, compared to Q3 FY26, supported by recovery in production operations.
Monetise DD, AIR assets in time-bound manner: Parliamentary Panel
A parliamentary panel has directed Doordarshan and All India Radio to generate revenue from their assets. This will be achieved through leasing, redevelopment, and public-private partnerships. The panel seeks regular updates on progress and revenue generation. Prasar Bharati has a draft plan to unlock value from surplus assets. This includes leasing vacant space and redeveloping land parcels.
Tata Motors PV shares fall over 5%, tracking the broad slump in auto index
Tata Motors’ domestic passenger vehicle sales rose 34% YoY to 62,329 units in February, while EV sales jumped 57% to 8,385 units. However, a cyber incident at Jaguar Land Rover caused a Q3 loss of Rs 3,486 crore and a 26% drop in revenue. Analysts say the stock remains sensitive to JLR performance, global demand, and margin recovery.
Praveg receives tourism infrastructure project from Govt. of Meghalaya
The project involves the development, operation and maintenance of a minimum of 40 (forty) luxury cottages on 10 (ten) acres of land, along with all ancillary amenities and facilities. The project has been awarded with a concession period of 30 (thirty) years.
Tata Motors PV stock crashes nearly 10%, top Nifty loser today as investors react to JLR FY27 outlook
The sharp fall in Tata Motors PV stock came after Jaguar Land Rover (JLR) released its FY27 outlook. JLR said it expects revenue growth of 13 percent in FY27, while EBIT margin is seen at 4 percent. JLR said it is targeting double-digit revenue growth over the medium term.