Tata Motors(+1.62%) Surges 1.5% on JLR Sales Growth of 102%; TVS Motor(+5.88%) Q1 Net Profit Jumps 46%

Sebi's Rule Amendment to Boost Liquidity in Tri-Party Repo Segment for Corporate Bonds.

Market Summary

Closing Bell: Nifty above 18700, BANKNIFTY above 44200 weekly expiry tomorrow, Sensex gains 300 pts, Reality, Metal and FMCG rally.

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Market News

Chennai Petroleum Corporation(-9.04%) Reports 76% YoY Decline in Q1 Net Profit, Stock Tanks 9%. 🛢📉

TVS Motor(+5.88%) Shares Rise 5% as Net Profit Jumps 46% to Rs 468 Crore, Revenue Grows By 20%. 🚀🏆

Asian Paints(-4.04%) Q1 Net Profit Jumps 52% to Rs 1,574.84 Crore, Revenue Rises 6.68%. 🎨

Mahindra Logistics(-5.43%) Shares Drop 5% as Q1 FY24 Results Show Net Loss of Rs 8.30 Crore. 📉

Tata Motors(+1.62%) Reports Rs 3,203 Crore Profit, Revenue up by 42% to Rs 1.02 lakh crore YOY; JLR India Records 102% Sales Growth in Q1. 💸🎯

Larsen & Toubro(-1.70%) Eyes Strong Performance: 14% Revenue Growth and 24% Net Profit Surge in Q2. 💸🧾

Jubilant Foodworks(+2.07%) Q1FY24 Net Profit Declines 25.5% to Rs 75.2 Crore, Revenue Grows by 5.6%. 📉🍕

Axis Bank(-0.93%) Q1FY24 Profit Seen Up 42.7% YoY, Net Interest Income to Rise 23.4%. 💰

Aarti Surfactants(+2.17%) Reports 30% YoY Jump in Q1 Net Profit, Stock Surges 11% Intraday. 📈

PNB Housing Finance(-1.17%) Q1 Net Profit Surges 48%, NPA Ratio Drops to 3.76%. 🧾