tata motors share price, Trending Stocks: This share of Tata is running at a stormy pace, the stock became a rocket after a profit of 5408 crores – tata motors, rail vikas nigam and cholamandlam are 3 trending stocks to watch out for today

New Delhi: With the beginning of the business week on Monday, the domestic stock market showed a slight rise. The pick-up in demand in real estate, automotive and IT stocks weighed on the Sensex. At the same time, there was a decline in pharmaceutical and metal stocks. At 10:30 am, the S&P BSE Sensex, which is a barometer index, rose 240.59 points or 0.39% to 62,268.49. At the same time, the Nifty 50 index rose 63.65 points or 0.35% to reach 18,378.45. In the broader market, the S&P BSE Mid-Cap index gained 0.57%, while the S&P BSE Small-Cap index gained 0.39%. You should keep an eye on these stocks on Monday, May 15.

Tata Motors:

Tata Motors has made huge profits. Jaguar Land Rover Automotive and India reported a net profit of Rs 5408 crore for the March quarter as compared to the same period last year, on the back of strong operation performance in India. In the same period in FY22, the Mumbai-based company posted a loss of Rs 1,033 crore.

Rail Development Corporation Limited: Shares of Rail Vikas Niyam Ltd are expected to rally after the company received the Letter of Approval (LOA) from the Mumbai Metropolitan Region Development Authority (MMRDA) for Mumbai Metro Line 2B. RVNL was the consortium partner with M/s SIEMENS India Limited (RVNL) M/s SIEMENS India Limited in which Siemens held 60% stake and RVNL held 40%. The cost of the project is 300,11,81,354 (without GST and customs duty) and Euro 8,838,976 (excluding GST and customs duty).

Cholamandlam Financial Holdings: Cholamandalam Financial Holdings has reported a profit of Rs 407.9 crore for the quarter ended March FY2023, up 34% year-on-year. Consolidated revenue from operations grew by 38.6% to Rs 5,186.1 crore in Q4FY23, compared to the same quarter of the previous fiscal. It hit a 52-week high of Rs 809.40 per share in the trading session on pick up in trading activity.

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