Shares of FMCG major Tata Consumer fell up to 5% to day's low to Rs 1,112 on BSE in Wednesday’s trade after its March quarter consolidated net profit fell 19% year-on-year (YoY) to Rs 217 crore. Goldman Sachs has maintained a neutral rating on the stock with a target price of Rs 1,030.Goldman noted that the company's India beverages growth slowed down, partly due to the delayed onset.
Open Flip
Nearly six months after awarding 5-star ratings to Tata Safari and Harrier SUVs, the Global New Car Assessment Programme (Global NCAP) has awarded three, two, and one star ratings to Kia Carens, Honda Amaze, and Mahindra Bolero, respectively. This assessment marks one of the final evaluations under Global NCAP's Safer Cars for India initiative as the country transitions to its own Bharat NCAP.
Open Flip
Today, shares of Balu Forge Industries Ltd gained 6.76 per cent to Rs 262 per share from its previous closing of Rs 245.40 per share. The stock’s 52-week high is Rs 301 and its 52-week low is Rs 92.55. The shares of the company saw heavy buying in 3 straight trading sessions with a spurt in volume by more than 1.50 times on BSE today.
Open Flip
