Markets opened with key updates from major companies grabbing attention. Bharat Forge, M&M, Tata Motors, IndiGo, and Tata Steel are in focus today with moves spanning new projects and earnings. Here’s a quick look at the top stock-making headlines.
Stock Market on July 31
Bharat Forge
Bharat Forge is building a new factory to make special parts for the aerospace sector. These parts will be made using advanced technology.
Mahindra and Mahindra (M&M)
M&M’s profit in the April–June quarter was Rs 4,083 crores, 24% more than the same period of last year.
Tata Motors
Tata Motors has decided to buy all the shares of Iveco Group NV. This means it will now fully own the company.
IndiGo
IndiGo’s profit dropped by 20% in the June quarter. It earned Rs 2,176 crores, less than what it made last year in the same quarter.
Tata Steel
Tata Steel’s profit went up sharply this quarter. It earned Rs 2,078 crores, more than double what it made last year in the same period.
