"The highest ever dividend in the history for Mahindra & Mahindra Limited(M&M)"

The Auto sector sustained its focus on cost optimization and reduced its set expenditures by over Rs 900 cr over the last two years & hence holding its margin flexibility even

under challenging times.

Despite having many challenges in supply chain and commodity, M&M delivered a strong performance on its Q4 result declared for the quarter ended 31st March 2021.

Overview of the result from M&M:

• Q4 consolidated revenues at Rs 21,456 crores with up by 32%

• Consolidated Q4 PAT before EI at Rs 1,834 crores with up by 170%

• FY21 operating cash generated Rs 10,022 crores with up by 119%

Key highlights on overall growth below:

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Spectacular decision made by Tata Steel

Family members will be receiving compensations benefits till 60 years of age of the deceased employee or nominee along with the medical facility who died due to the Covid-19 pandemic.

The company also promised to bear all the expenses for their employee's children's education till graduation in India.

"A hearty salute to "Jamsetji Tata"

The most emerging stock of the day!

401.20+16.65(+4.33%), 15:31:02 Close INR

State Bank Of India Q4 profit rose 18.9 percent to Rs 27,067 crore in Q4FY21 compared to Rs 22,767 crore in the corresponding quarter of last fiscal.

Announced shareholders to get a dividend of Rs 4 per share for the financial year ended March 2021.

Should we invest in SBIN stock for the upcoming session?

• Yes, its net interest income rose 19%.

• Domestic credit growth stood at 5.67 percent YoY.

• The loan book has grown by 6.53 percent YoY, such as home loan 10.51 percent and corporate segment 37.52% booked.

• Deposits of saving banks grew by 14.79% and current accounts by 27.36% YoY.

Recommend: Strong Buy

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