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Asian Paints Q2 result, Tata Motors Result, FIIs Sell-Off, Starlink's Indian Challenge!! #news
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What happened in the Indian stock market in the last 24 hours?
1. Asian Paints announced its Q2 results.
In Q2, the company's consolidated net sales fell by 5.3% to Rs. 8,003 crore, compared to Rs. 8,451.9 crore in the same quarter of FY24 last year.
2. Tata Motors witnessed a significant drop in share prices due to poor Q2 results.
The company's net profit declined by 11% to Rs. 3,343 crore, while its revenue stood at Rs. 101,450 crore, down by 3.49% compared to last year.
3. Foreign Institutional Investors (FIIs) have sold Indian stocks worth Rs. 20,000 crore in just the first week of November.
According to NSDL data, FIIs sold Rs. 94,017 crore worth of Indian stocks in October, and in the first six trading sessions of November alone, an outflow of Rs. 23,398 crore was recorded.
4. Starlink and Amazon are facing strict security requirements for satellite services in India.
According to an Economic Times report, both companies must provide detailed information to the Department of Telecommunications regarding data security, coverage area, and other key parameters.
1. Asian Paints announced its Q2 results.
In Q2, the company's consolidated net sales fell by 5.3% to Rs. 8,003 crore, compared to Rs. 8,451.9 crore in the same quarter of FY24 last year.
2. Tata Motors witnessed a significant drop in share prices due to poor Q2 results.
The company's net profit declined by 11% to Rs. 3,343 crore, while its revenue stood at Rs. 101,450 crore, down by 3.49% compared to last year.
3. Foreign Institutional Investors (FIIs) have sold Indian stocks worth Rs. 20,000 crore in just the first week of November.
According to NSDL data, FIIs sold Rs. 94,017 crore worth of Indian stocks in October, and in the first six trading sessions of November alone, an outflow of Rs. 23,398 crore was recorded.
4. Starlink and Amazon are facing strict security requirements for satellite services in India.
According to an Economic Times report, both companies must provide detailed information to the Department of Telecommunications regarding data security, coverage area, and other key parameters.
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