Live
- Biden Pardon: Joe Biden Commutes Death Sentences of 37 Inmates, Including Child Killers and Mass Murderers
- South Korea: Yoon believes impeachment trial takes priority over martial law probe
- Strict Action for Non-Adherence to Time Management - DMHO Dr. Swarajya Lakshmi
- Over 13.29 lakh houses approved for rural poor in Maharashtra: Shivraj Chouhan
- District Collector Urges Timely Completion of Indiramma Housing Scheme Survey
- Digital Arrest Scam: Hyderabad Man Duped of ₹7 Lakhs by Fake Crime Branch Police Callers
- Sukhbir Badal seeks President's Police medal for officer who saved his life
- US Firm Accordion Acquires Merilytics, Launches 1,500-Seater Office in Hyderabad
- Free Medical Camp Organized by Alampur Advocate Bar Association
- Allu Arjun Receives Notices from Police for Further Inquiry
Tata Motors scrip gains despite poor earnings
Highlights
Tata Motors shares edged higher on the BSE on Friday despite reporting double the losses in the June quarter than what it incurred in the same quarter last year.
Mumbai: Tata Motors shares edged higher on the BSE on Friday despite reporting double the losses in the June quarter than what it incurred in the same quarter last year.
The country's largest commercial vehicle (CV) maker Tata Motors shares closed nearly 2 per cent higher at Rs 147.20 apiece.
However, it did succumb to heavy selling pressure on Thursday, ahead of its result announcement. The company on Thursday also clarified that the Fitch rating downgrade said that it has no formal engagement with Fitch.
"This is an unsolicited rating and hence we have no comments to offer," the company said in a regulatory filing. It has further informed of Analyst/Institutional investors meeting with Citi Bank on August 1.
Next Story
ADVERTISEMENT
