Speaking to CNBC-TV18, TTK Prestige chairman TT Jaggannathan says October has been a very strong month for the company.
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Tata Motors soars 6% on strong JLR Oct sales in US (04-11-2015)
Its October JLR sales in US surged 76.1 percent at 8,187 units from 4,650 Units in year-ago period. Its Land Rover US sales were up 97.6 percent at 7,199 units in October from 3,643 Units year-on-year. However, Jaguar’s sales was down 1.9 percent at 988 units from 1,007 units (Y-o-Y).
Earnings key, don’t see much improvement in Q3: HSBC Global (04-11-2015)
While earnings visibility at the moment is low, it is only a matter of time and in the interim specific events — elections, US Federal Reserve rate hike, domestic interest rates — will drive the market, Tushar Pradhan, CIO of HSBC Global Asset Management (India) says.
Sensex, Nifty trim gains; Tata Motors zooms, Eros up again (04-11-2015)
The broader markets also traded in line with benchmarks; the BSE Midcap was up 0.6 percent and Smallcap gained 0.5 percent. Two shares advanced for every share declining on BSE.
Annual growth of 7% possible over next 5 years: Xi Jinping (04-11-2015)
Annual average growth would be no less than 6.5 percent in the next five years to realize the country’s goal of doubling 2010 gross domestic product (GDP) and per capita income by 2020, Xinhua earlier quoted Xi as saying.
Sensex gains over 100 pts, Nifty hits 8100; GAIL falls 3% (04-11-2015)
Tata Motors, Hindalco, Tata Steel, SBI and ONGC are top gainers while GAIL is down 3 percent.
See over 10% Q3 volume growth; 13.3% margin: Berger Paints (04-11-2015)
Abhijit Roy, MD and CEO, Berger Paints says the company has performed well domestically both in decorative and industrial segment leading to a standalone revenue growth of 7.2 percent.
Discoms to have zero losses 2019 onwards: Piyush Goyal (04-11-2015)
Sources tell CNBC-TV18 the Cabinet will take up a proposal to restructure their debt this Thursday.
Power Grid Q2 net profit rises 21% to Rs 1,448 crore (04-11-2015)
The company’s net profit in the year-ago period was Rs 1,201.27 crore, it said in a BSE filing. Total income from operations during the quarter was at Rs 4,918.02 crore, registering an increase of 17.6 percent.
Nifty can gain at opening bell: Maximus Securities (04-11-2015)
Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 67 points at the opening bell, says Maximus Securities.