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Canara Bank, Trent, ICICI Pru AMC, Tata Motors, Adani Ports Dividend Record Date: Last Day To Buy Shares To Qualify
Dividend Record Date: Last Day To Buy Shares To Qualify
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata Consumer
Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation. ZEEL plans to raise funds.
Tata Consumer sees margin boost, targets 20%+ EBITDA: Chairman Chandrasekaran
Tata Consumer Products aims for over 20% EBITDA margin in the long run. Newer businesses like Tata Sampann and acquired entities are key growth drivers. The company plans significant annual growth from acquisitions. Innovation and digital capabilities are also central to future expansion. Revenue and profit saw substantial increases in the last fiscal year.
Tata Consumer crosses Rs 20,000 crore revenue mark in FY26, net profit up 20%
Tata Consumer Products achieved a significant milestone, crossing ₹20,000 crore in revenue for FY26. The company reported a 15% revenue increase and a 20% rise in net profit. Growth was broad-based across India and international markets. Tata Consumer is well-positioned to capitalize on India's consumption growth story. The company noted global economic shifts and trade developments.
Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADA
Electric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the electric car market. Electric two-wheeler sales also climbed by 62.76 percent. TVS Motor Company topped the electric scooter segment. Overall electric vehicle adoption continues to grow across segments.
Chola Securities' Dharmesh Kant sees BFSI earnings revival; likes IndusInd Bank, Axis Bank
Despite recent market volatility, Dharmesh Kant, Head Research at Chola Securities, believes investors should focus on bottom-up stock picking. He expects the banking and financial sector to emerge as a key earnings driver as stable interest rates support margins and treasury income. Among his preferred ideas are Aurionpro Solutions, Tata Technologies, IndusInd Bank, Axis Bank, Bank of India and Aadhar Housing Finance. He also remains positive on the long-term growth prospects of exchanges, AMCs and other capital market plays. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Stocks to watch today: Oil India, ixigo, ZEEL, GE Vernova, Amber Ent
Stocks to watch today: Oil India, ixigo, ZEEL, GE Vernova, Amber Enterprises, HCLTech, RailTel, Andhra Cement, Tata Steel, Tata Motors, among others, will be in focus today.
Dividend Stocks To Watch This Week: Infosys, ACC, Adani Ports, Tata Steel, Tata Motors, Trent In Focus — Check Amount, Payment Date
Infosys is offering Rs 25 per share, while Indian Bank is paying out Rs 18.25 per share.
Tata Motors' expansion to go on, Iveco acquisition to help it rank among top 4 global CV makers: N Chandrasekaran
Tata Motors is gearing up for an ambitious global journey, aiming to redefine its role in emerging commercial vehicle markets, chairman Chandrasekaran said. With the strategic acquisition of Iveco, the company is setting its sights on breaking into the elite tier of the world’s four largest commercial vehicle manufacturers, he added.
Dividend, stock split, bonus issue next week: Infosys, Adani Ent, Trent, Tata Elxsi, among others in focus - Upstox
Dividend, stock split, bonus issue next week: Infosys, Adani Ent, Trent, Tata Elxsi, among others in focusUpstox
JP Morgan gives 'overweight' tag to this Tata Group stock. Do you own?
JP Morgan has maintained its ‘overweight’ rating on the jewellery stock, with a target price of ₹5,400 per share. Here's what the global firm has said on the stock outlook.
Tata Steel eyes 9% India sales growth this fiscal
Tata Steel aims for a nearly 9% increase in Indian steel sales this fiscal year, leveraging expanded capacity at its Kalinganagar facility. The company is also on track to fully repay overseas subsidiary bonds by fiscal year-end, a move that has significantly reduced its exposure to currency depreciation risks and strengthened its financial flexibility for future investments.