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Buy Tata Motors, target price Rs 578: ICICI Direct

Updated at : 2022-01-14 12:45:03

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Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 169252.69 Crore) operating in Auto sector.

Piramal Ent. rises 0.01% as Sensex slides

Updated at : 2022-01-14 12:45:03

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The stock traded at a P/E multiple of 53.74, while the price-to-book value ratio stood at 1.22.

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Kamath said market returns will be more sensitive to aspects of cyclicity and seasonality, unlike recent times

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As of 30-Sep-2021, promoters held 51.57 per cent stake in the company, while FIIs held 17.88 per cent and domestic institutional investors had 18.21 per cent.

Mindtree slumps 6% despite healthy Q3 numbers

Updated at : 2022-01-14 12:08:31

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The IT firm posted a 34 per cent jump in consolidated net profit to Rs 437.5 crore for the December 2021 quarter and exuded confidence in continuing its growth momentum on the back of robust demand and aggressive customer mining.

Investors can bid for a minimum of 85 equity shares and in multiples thereof. The issue can be subscribed till January 21, Friday.

AGS Transact Technologies to open on Jan 19

Updated at : 2022-01-14 12:08:31

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AGS Transact Technologies will launch its initial public offering (IPO) on Wednesday, January 19. Mumbai-based company will sell its shares in the range of Rs 166-175. The public issue is purely an offer of sale (OFS) of equity shares by the promoter. As a part of the OFS, promoter Ravi B Goyal will sell shares worth up to Rs 680.

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Promoters held 74.99 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 9.44 per cent and 6.23 per cent, respectively.

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One97 Communication’s share price rose to a high of Rs 1080.6 as against 1031.40 at the previous close on the BSE. The counter was last trading 2.9 per cent higher. In opening trade, it had slipped below the Rs 1,000 level for the first time since listing to hit a fresh low of Rs 995.

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Together, the Jhunjhunwala and his wife held 5.1 per cent stake in the December quarter compared with 4.9 per cent in September quarter

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