Morgan Stanley Archives

Aditya Birla Capital gains 4% on its merger with Aditya Birla Finance

RatnavaliMarch 12, 2024May 22, 202403 mins

Aditya Birla Capital: A day after the board of directors of Aditya Birla Capital Limited authorized the merger of Aditya Birla Finance Ltd with itself on March 11, shares of Aditya Birla Capital rose about 4 percent at the opening on the NSE on March 12. The merger was announced post-market hours. At 9:20 am,…

Tata Motors: Morgan Stanley goes ‘overweight’ on Tata Motors with demerger decision

RatnavaliMarch 5, 202403 mins

Tata Motors: Morgan Stanley believes that the company’s British arm Jaguar and Land Rover, as well as its domestic PV business, will have “synergies in the EV era.” Morgan Stanley, a global trading firm, proclaimed Tata Motors to be “overweight” when it announced that it would divide its passenger vehicle (PV) and commercial vehicle (CV)…