Shares of Tata Motors have surged by approximately 9% over two trading sessions, reaching a peak price of Rs 704.50, the highest since late March. This rally has been driven by optimism surrounding a potential US-UK trade deal, which is reportedly expected to be signed soon, and the company's proposed strategic demerger. Tata Motors' stock has rebounded roughly 30% from its April lows amid these developments. Additionally, Tata Group's Titan company has announced a 1100% dividend for 2025 alongside a 13% year-on-year profit increase to Rs 871 crore in its Q4 results, which has also positively influenced market sentiment. Other Tata Group companies, including Tata Tech, which counts Jaguar Land Rover as its anchor client, are also in focus due to these trade developments. Meanwhile, Rural Electrification Corporation (REC), a Maharatna PSU, reported a 5.5% year-on-year rise in consolidated net profit to Rs 4,236 crore for Q4 FY25, with net interest income increasing by 37.6% to Rs 5,877 crore, and declared a final dividend of Rs 2.60. The broader market has seen various dividend announcements and earnings previews from other major companies such as ONGC, Asian Paints, Larsen & Toubro, and several BSE-listed firms, reflecting an active earnings season.
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