Tata Motors, in the fourth quarter of FY23, reported a consolidated net profit of $5,407.79 crore as opposed to a net loss of $1,032.84 crore in the same period the previous year. The Q4FY23 net profit increased by over 83% sequentially. Tata Motors FY 23 Valuation After the auto giant Tata Motors announced solid results…
Introduction The recent revelation that two of the Adani Group’s flagship companies, Adani Ports and Special Economic Zone (APSEZ) and Adani Enterprises, are scheduled to be withdrawn from the MSCI Global Standard Index caught investors in the Adani Group, one of India’s largest conglomerates, off guard. Regarding the future prospects of the Adani Group, which…
L&T Q4 Results recently reported its earnings, capping off a busy year for the business. The performance of L&T in the fourth quarter will be thoroughly examined, and its prospects for the future will be discussed. Our goal is to convey the information in a manner that captures the reader’s interest in addition to just…
MSCI Index: The percentage of shares that are thought to be accessible to foreign investors is the term used by MSCI to describe a security’s foreign inclusion factor. The findings of MSCI’s revision of the number of shares for each company that is deemed freely traded in the open market will be made public later…
Overview of Federal Bank Q4 Result The Federal Bank, one of the leading private sector banks in India, has reported a net profit of Rs 903 crore in the fourth quarter of the fiscal year 2021-22. This is an impressive increase of 67% from the net profit of Rs 540 crore reported in the corresponding…
