Tata Motors reported a 22% YoY decline in Q3 profit to Rs 5,451 crore, missing projections. However, revenues rose 3% YoY to Rs 1.13 lakh crore, driven by easing supply challenges. JLR saw record Q3 revenue and highest EBIT margin in a decade, but future expectations remain cautious due to potential demand and supply issues.
FIIs remain net buyers in May, infuse Rs 18,082 crore into Indian equities
Foreign Institutional Investors (FIIs) have shown renewed confidence in Indian equities, becoming net buyers for the second consecutive month. May saw a net inflow of