M&M, Tata Motors, Tata Power, Vedanta among stock to watch out for on July 8

Jul 8, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

Mahindra & Mahindra

British International Investment will invest up to $250 million into a new electric passenger vehicle company to be set up by M&M.

Credit: BCCL

Tata Motors

Jaguar Land Rover reported a 37 percent decline in retail sales for the June quarter due to semiconductor shortage and COVID-19 lockdowns in China.

Credit: BCCL

Vedanta

The mining company announced acquisition of Athena Chhattisgarh Power for ₹564.7 crore that will meet power requirements for Vedanta’s aluminum business.

Credit: BCCL

Tata Power

The company announced to invest over ₹75,000 crore in renewables in the next five years.

Credit: BCCL

Dr Reddy’s Laboratories

The USFDA issued two observations for the Srikakulam unit, the unit which was inspected last month.

Credit: BCCL

Adani Ports and Special Economic Zone

The company has appointed D Muthukumaran as chief financial officer (CFO) from July 25.

Credit: Power Grid

Shriram City Union Finance

The NBFC has received approval from equity shareholders and secured and unsecured creditors for the merger of Shriram City with Shriram Transport Finance Company.

Credit: Power Grid

Power Grid Corporation of India

The CBI on Thursday arrested the company’s executive director, vice-president, assistant vice-president and two other people in a bribery case involving Tata Projects.

Credit: Power Grid

Earnings

Tata Consultancy Services will report April-June quarter earnings today.

Credit: BCCL

RIL, TCS, Titan, Bharti Airtel among stocks to watch out for on July 7