HAL shares focus as Q3 net profit rises 30% to Rs. 1,867 million; improve margins

Shares of state-owned defense company Hindustan Aeronautics Ltd (HAL) will be in focus on Friday after the company reported strong third-quarter results.Consolidated net profit increased 30% year on year to Rs. 1,867 crore, while the company announced a first interim dividend of Rs. 35 per share, with February 18 as the record date. Operating revenues […]

Tata Motors (CV) block deal: BNP Paribas acquires stake of Rs 152 crore while Goldman Sachs sells

French multinational BNP Paribas on Tuesday bought over 35.43 lakh shares in Tata Motors Limited (Tata Motors Commercial Vehicle) through a block deal. In the deal worth Rs 152 crore, the seller was Goldman Sachs.BNP Paribas bought these shares at a price of Rs 429.3 each through its subsidiary BNP Paribas Financial Markets. It was […]