Adani Enterprises to Tata Motors: Key Stocks to track on August 12
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Tata Motors
Tata Motors expects slow demand in overseas markets this fiscal but hopes for a recovery in domestic sales with new launches and the festive season.
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Honasa Consumer
Honasa Consumer’s net profit surged 63% year-on-year to Rs 40 crore for the quarter ending June 2024, reflecting strong financial performance.
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Sterling and Wilson Renewable Energy
Sterling and Wilson received a Rs 550+ crore order for a 400 MW PV plant and switchyard in Rajasthan, covering engineering, design, and commissioning.
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Amara Raja Energy & Mobility
Amara Raja’s battery unit signed an MoU with Piaggio Vehicles for collaboration, highlighting its expansion and partnership with the Italian automotive group.
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Adani Enterprises
A US short-seller alleged Sebi chief Madhabi Puri Buch and her husband had stakes in offshore funds used by Vinod Adani for trading Adani Group shares.
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Berger Paints
Berger Paints reported a slight drop in Q1FY25 net profit to Rs 353.56 crore, though revenue increased by 2.03% to Rs 3,091.01 crore.
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Inox Wind
Inox Wind reported a Rs 50 crore profit in Q1FY25, reversing a Rs 65 crore loss from the previous year, with revenue jumping 85% to Rs 651 crore.