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Tata Motors, LEAP India, Technocraft, LG Headline Market News

Tata Motors, LEAP India, Technocraft, LG Headline Market News
Top stocks in news: Tata Motors PV, LEAP, Technocraft, AB Real Estate, Max Fin, LG India · businesstoday.in

Companies in India sometimes share news about their money with the public.

Today, Friday, August 14, many companies told everyone how much they earned in the past few months.

Tata Motors, a big car company, earned much less profit this time even though it earned more money overall.

Two brand-new companies, LEAP India and Technocraft Ventures, started trading their shares on the stock market for the first time today.

Their shares were very popular, with people asking for many more than were available.

Another company, LG Electronics India, said it made a big profit of Rs 652.9 crore.

Some people who already own shares in companies like Apollo Hospitals and Indian Oil will get extra money, called a dividend, today.

That is why those shares are called 'ex-dividend' today.

A real estate company, Birla Estates, also said it will build new homes in a part of India called Navi Mumbai.

All of this news helps people understand how well the companies are doing.

Key facts

Tata Motors PV net profit
Rs 775 crore (down 80.2% YoY)
Tata Motors PV revenue
Rs 95,799 crore (up 9.3% YoY)
LEAP India listing
Debut August 14; IPO raised Rs 2,480 crore; subscribed 8.38 times
Technocraft listing
Debut August 14; IPO raised Rs 252 crore; subscribed 38.7 times
Piramal Pharma block deal
Likely 6% stake sale worth ~Rs 1,750 crore
LG Electronics India Q1
Net profit Rs 652.9 crore; revenue Rs 7,233.4 crore
Max Financial Q1
APE Rs 1,922 crore; VNB margin 23.2%
Corporate actions
Many shares, including Apollo Hospitals and Indian Oil, trade ex-dividend on August 14

Sources

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