Shares of auto major Tata Motors rose 2% on Thursday to the day’s high of Rs 1,028 after reporting a 31% year-on-year (YoY) increase in the sale of its commercial vehicles and a 2% YoY increase for passenger vehicles. Tata Motors sales in the domestic and international market for April 2024 stood at 77,521 vehicles, compared to 69,599 units during April 2023, rising 12% YoY.
Open FlipAsian markets wobbled in Thursday trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates.U.S. futures surged and oil prices were higher.Tokyo’s Nikkei 225 index dropped 0.1% to 38,236.07.The Japanese yen surged as much as 2% in early Asia hours Thursday, driven by speculations of another round of yen-buying intervention by Japan.
Open FlipShares of Star Health and Allied Insurance Company were trading in the red on Thursday as the company posted its March quarter results. What Happened: The health insurer reported a 39% increase in its profit after tax (PAT) for the quarter ended March, reaching ₹142 crore compared to ₹102 crore in the corresponding period of the previous year.
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