Warren Harris, CEO & MD, Tata Tech, says: “We have been working on this partnership with BMW for the best part of 12 months and certainly over the last six months, we have been putting together a lot of detail. The fact that we have announced today shows the exercise of readiness that both organisations … Read more
Brokerage firm CLSA upgraded TCS, HCL Technologies and Tech Mahindra ahead of March quarter results, while JPMorgan has an underweight rating on Tata Technologies, BofA upgraded Jubilant FoodWorks to buy and Nomura recommends a reduce rating on M&M Finance. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: … Read more
Dalal Street’s love for all-things-Tata got deeper in FY24 with 9 stocks, including the newly-listed Tata Technologies, giving multibagger returns up to 257%. Even the worst performing Tata stock gave 11% return. The combined market capitalisation of all Tata stocks (excluding Tata Tech) rose by Rs 9.15 lakh crore to Rs 29.62 lakh crore. This … Read more
Buoyed by positive investor sentiment and listing gains, more companies have shown their appetite to raise funds through the primary market in FY24 compared to the previous year. About 76 companies accessed the public markets in FY24, raising nearly Rs 62,000 crore through mainboard IPOs. This is 19% higher than the Rs 52,116 crore mobilized … Read more
Equity indices rebounded sharply on Monday, surging nearly 2%, on heavy buying in RIL and a rally in Asian markets. The 30-share Sensex jumped 1,240 points to settle at 71,941 and the Nifty climbed 385 points to 21,737. Stocks that were in focus included names like Azad Engineering, which rose 5.72%, Tata Technologies, which fell … Read more
Warren Harris, CEO & MD, Tata Technologies, says “as far as the move to generative AI is concerned, we are anticipating that there is going to be more opportunity for us to be able to develop applications and capability in the generative design and generative product development space. And we are investing not only ourselves, … Read more
