Tata Motors, Bharti Airtel, Hero MotoCorp and other top stocks in news on November 2

Nov 2, 2021

By: c-rounak.jain@timesinternet.in

Credit: BCCL

Tata Motors

Reported a 14-fold increase in its loss to ₹4,416 crore in the September quarter despite its revenue increasing 15 percent to ₹61,379 crore, year-on-year.

Credit: Tata Motors

Contd...

Its subsidiary, Jaguar Land Rover, continued to report a decline in sales, with wholesales down 13 percent and retail sales down 18 percent, year-on-year.

Credit: Tata Motors

Bharti Airtel

The Sunil Mittal-owned telecom operator will declare its September quarter results today.

Credit: BCCL

Hero MotoCorp

Reported a one-third decline in sales in the October month, at 5.48 lakh units, as compared to 8.07 lakh units a year ago.

Credit: Hero MotoCorp

Earnings today

Bharti Airtel, Sun Pharma, Hindustan Petroleum, Dabur India, Easy Trip Planners, Laxmi Organic, MTAR Technologies, Stove Kraft, among others.

Credit: Pixabay

IPO Watch

Nykaa IPO subscribed 81.7 times on Day 3. Policybazaar IPO subscribed 0.54 times on Day 1.

Credit: Flickr

Eicher Motors

Reported a one-third fall in sales of Royal Enfield to 44,133 units in October 2021, as compared to a year ago.

Credit: Eicher Motors

Motherson Sumi Systems

Its board will meet on November 8 to consider a proposal to raise funds via bonds, debentures or non-convertible debt instruments.

Credit: Unsplash

Muthoot Finance

Surrendered its licence to operate white-label automated teller machines (ATMs).

Credit: Muthoot Finance

The next ten days are big for IPO investors ⁠— hope you have cash set aside