Stocks in news: Tata Motors, ICICI Bank, Voltas, IDFC First Bank, Coforge

The market experienced a decline, reversing the gains from the prior session, resulting in a loss of approximately one percent. Tata Motors' Q1 consolidated net profit decreased by 63%, while ICICI Bank raised the minimum balance for new savings a...

Agencies

Coforge clarifies that there has been no event or development which, in the Company’s assessment, constitutes a material impact on its financial performance.

Market edged lower, failing to build on the previous session’s rebound, and ended with a loss of around one percent. In today's trade, shares of Tata Motors, ICICI Bank, Voltas, IDFC First Bank, Coforge among others will be in focus due to various news developments.

Tata Motors
Tata Motors reported a 63% fall in its Q1 consolidated net profit to Rs 3,924 crore compared to Rs 10,514 crore in the year ago period

ICICI Bank
ICICI Bank has increased the average minimum balance requirement for new savings accounts to be opened on or after August 1.


IDFC First Bank
Platinum Invictus B 2025 RSC received RBI nod for its proposed investment in IDFC First Bank.

Coforge
Coforge clarifies that there has been no event or development which, in the Company’s assessment, constitutes a material impact on its financial performance.
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Voltas
Voltas reported a 58% YoY drop in net profit at Rs 141 crore in the first quarter as unseasonal weather conditions and subdued summer demand significantly impacted cooling product sales.

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