Tata Motors global sales rise

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)

| Indices | Today's movement |
| --
  • | --
  • |
    | SGX Nifty | ▼ 0.06% |
    | Nikkei 225 (Japan) | **▲**0.42% |
    | Hang Seng (Hong Kong) | **▲**0.28% |
    | SSE Composite (China) | ▼ 0.01% |
    | Dow Jones (US) (April 7) | **▲**0.01% |
    | NYSE (US) (April 7) | **▲**0.07% |
    | Nasdaq (US) (April 7) | **▲**0.76% |
    | S&P 500 (US) (April 7) | **▲**0.36% |

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**