Thu, Apr 25, 2024
Indian Hotels' profit after tax (PAT) soared by 27 per cent to Rs 418 crore against Rs 328 crore Year-on-Year (YoY). It was below research estimates of Rs 430 crore. Revenue from operations were up by 17.20 per cent to Rs 1,905 crore compared to Rs 1,625 crore, slightly above analyst estimates of Rs 1,900. Its EBITDA also soared by 23 per cent to Rs 659 crore against Rs 535 crore YoY. It was also below analyst estimates of Rs 675.
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Tue, Apr 23, 2024
Tata Elxsi dividend news: Tata Elxsi, a Tata group company, on Tuesday announced a dividend of Rs 70 per share.
Mon, Apr 22, 2024
Indian Hotels Company Q4 FY24 Results Preview, Tata group Q4 earnings: Indian Hotels Company (IHC) is expected to register a 31.1 per cent year-on-year jump in consolidated net profit to Rs 430 crore for the January-March period, according to Zee Business research.
Fri, Jun 10, 2022
Due to the volatility in the global markets, the stock market is being affected, meanwhile the brokerage houses have given ratings and targets on the three stocks of Tata Group, Titan, Voltas and Indian Hotels, on the basis of sector updates and corporate development, the brokerage house time- Make changes to the ratings and targets of stocks from time to time.
Thu, Jun 02, 2022
Brokerage firm icici securities release report on tata group hotel stock indian hotels for 3 months investment. According to report investors may invest in this stock for 3 months with 267 rs target price and 208 rs stop loss. Ace investor Rakesh Jhunjhunwala also invested in this stock. here you know more in this video.
Sat, May 07, 2022
Billionaire investor Rakesh Jhunjhunwala holds 4,48,50,970 equity shares, which aggregates to over 5 per cent stakes in Titan, as per the latest shareholding pattern of the company available on the BSE.
Tata group hospitality firm Indian Hotels Company (IHCL) on Friday said it aims to raise women's participation in its workforce to 25 per cent by 2025, and support women-led businesses and partners.
Thu, May 05, 2022
Tata Group's giant Titan recently presented its March quarter results which were weaker than expected. Titan is one of the portfolio stocks of Rakesh Jhunjhunwala. Let's know what are the targets of the brokerage house on Titan.
Wed, Apr 27, 2022
Trent Ltd announced on Wednesday that it has reported a consolidated net loss of Rs 20.87 crore for the fourth quarter ended March 2022, as per PTI report.
Sun, Apr 24, 2022
Tata Elxsi, a strong share of Tata Group, recently presented its March quarter results. The phase of presenting quarterly results is going on in the stock market and in such a situation, listed companies are releasing their quarterly results. In this connection, Tata Alexi also presented its March quarter results, after which brokerage company JP Morgan has reduced its confidence in this stock and has also reduced the target price.
Tata Group Stock Rakesh Jhunjhunwala Portfolio: Market veteran Rakesh Jhunjhunwala has bought 14.50 lakh new shares in Tata Group's stock Indian Hotels Company Ltd during the March 2022 quarter. However, his wife Rekha Jhunjhunwala has reduced the stake. Rakesh Jhunjhunwala and his wife together held 2.12 per cent in Indian Hotels during the March quarter. Indian Hotels has been a multibagger stock. In the last one year, investors have got returns of more than 150 percent.
Fri, Apr 22, 2022
Wed, Apr 20, 2022
The 'Big Bull' of the market, Rakesh Jhunjhunwala, retained his confidence in the Tata Group's two stocks, Tata Communications and Tata Motors, in his portfolio in the March 2022 quarter. Rakesh Jhunjhunwala held 1.18 per cent in Tata Motors and his wife Rekha Jhunjhunwala held 1.08 per cent in Tata Communications in the January-March 2022 quarter. Both these stocks have been in the Jhunjhunwala portfolio for a long time. However, in the March quarter, Big Bull reduced its stake in Tata Group's company Titan.
Fri, Apr 15, 2022
The market's 'Big Bull' Rakesh Jhunjhunwala continues to rely on Titan Company Limited, the largest stock in terms of value included in his portfolio, in the March 2022 quarter. However, they have reduced the stake marginally. In the January-March 2022 quarter, Jhunjhunwala has reduced his stake in this Tata Group company from 5.09 per cent to 5.05 per cent. That is, only 0.04 percent of the shares have been sold.
Fri, Apr 08, 2022
Tata Digital on Thursday launched a super-app -- Tata Neu -- which provides a plethora of products and services as well as rewards experience on a single platform.
Thu, Apr 07, 2022
The Tata group is taking a big step towards its digital offerings as the super application Tata New will go live today.
Tue, Apr 05, 2022
Tata Group Stock: Due to geopolitical tension in the stock market, there is fluctuation in the stock market. In the recent downturn in the market, many quality stocks have come at attractive valuations. Meanwhile, if you want to invest in a quality stock in your portfolio from a perspective of more than a year, then you can bet on Tata Motors Ltd., the auto company of Tata Group. This stock is also included in the top research pick of brokerage firm Motilal Oswal. Tata Motors is also included in the portfolio of Rakesh Jhunjhunwala, who is called the market's veteran investor and 'Big Bull'. Jhunjhunwala has a 1.2 percent holding of Tata Motors.
Mon, Apr 04, 2022
Tata group FMCG arm TCPL is consolidating its business by merging various companies and plans to reduce the number of legal entities to around 23 from the existing 45 after restructuring, said its Managing Director & CEO, Sunil D'Souza.
Tata Group is taking a big step towards its digital offerings as the company is set to launch its new application 'Tata NEU' on 7th April 2022. Ashish Chaturvedi tells in this report.
Sun, Apr 03, 2022
The company revealed the launch date of `Neu` on its app as well as on Google Play Store, stating that "start your new journey with us on April 7".
Mon, Mar 21, 2022
Tata Group Stocks: Amidst the ups and downs in the stock market, there are many such stocks, in which the growth momentum remains constant. One such stock is Titan Company Limited. This stock of Tata Group has jumped more than 12 percent in the last one month. On Monday, March 21, the stock reached a new 52-week record at Rs 2767.55. Earlier, on March 17, the stock made a new high of 2720. Brokerage houses continue to remain bullish on this stock. Brokerage research firm Motilal Oswal has retained buy advice in Titan stock. The brokerage believes that this stock of the consumption space continues to have strong growth.
Wed, Feb 16, 2022
Tata group will make Air India financially fit, upgrade aircraft, bring in new fleet and make it the most technologically advanced airline globally, Tata Sons Chairman N Chandrasekaran said on Wednesday.
Thu, Jan 27, 2022
The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. The deal also includes the sale of Air India Express and ground handling arm AISATS.
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