Tata Motors global sales rise

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⭐Tata Motors global sales rise

Automaker reported an 8% YoY increase in global sales to 3.6 lakh units during the fourth quarter of FY23. Passenger vehicle sales were at 1.3 lakh units, a rise of 10% YoY, including that of Jaguar Land Rover (JLR).

⭐Adani Wilmar Q4 update

FMCG firm said its volumes grew by 14% YoY in FY23, enabling it to cross revenue of ₹55,000 crore during the year. Its Food and FMCG segment is making a good progress, registering a volume growth of 40% YoY and revenue of ₹3,800 crore.    

⭐ Sona BLW Capex plans  

The auto part manufacturer has shifted its operations to a bigger facility in Pune. The company will do a capital expansion (Capex) of ₹52.9 crore at this new plant, which will boost existing capacity to 20.1 million gears.

Global markets (at 8:15 AM today)

Fact of the day

India’s coal import rose by 32% to 148.5 million tonnes (MT) between April to February 2023 

Source: Economic Times