Stocks In News, Jan 2: Tata Motors, Kaveri Seed, Religare, Bandhan Bank – Explained!

Stocks in information, Jan 2: Tata Motors, Kaveri Seed, Religare, Bandhan Bank: – The Sensex and Nifty fairness benchmark indices began the primary buying and selling day of 2023 on a optimistic observe. While the 30-inventory BSE Sensex jumped greater than 80 factors to 60,923.86 in preliminary commerce on Monday, the broader NSE Nifty superior 35.25 factors to 18,140.55. The benchmark BSE Sensex and NSE Nifty indices closed on a bearish observe on the final buying and selling day of 2022 because of the last sale of choose banking, IT and capital items shares.

Actions in News Today, January 2

Tata Engines: Tata Motors on Sunday reported a ten p.c improve in whole home gross sales to 72,997 models in December 2022. The firm offered 66,307 models in the identical month a yr earlier, Tata Motors stated in a press release.

Kaveri Seed: Developer and managing director GV Bhaskar Rao has elevated the shareholding within the firm. Due to the corporate’s repurchase situation, the shareholding elevated by 1.75 p.c. The shareholding within the firm elevated from 58.15 p.c to 59.90 p.c.

Reconnect Companies: Religare Enterprises Ltd has introduced that, pursuant to the phrases of the sanction letters obtained from OTS lenders, Religare Finvest Ltd (RFL), along with RFL’s mother or father firm, have entered right into a Settlement Agreement on December 30 in relationship with OTS with the 16
Secured Lenders (OTS Lenders) for full and last settlement with respect to all your excellent RFL installments.

Bandhan Bank: The financial institution has introduced the sale of its confused loans, price Rs 8,897 crore, to an Asset Reconstruction Company (ARC) for Rs 801 crore.

[Disclaimer: This story was automatically generated by a computer program and was not created or edited by Journalpur Staff. Publisher: Journalpur.com]

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