Muthoot Financa to Apollo Tyre here are the reasons behind these big moves on August 16

The tyre maker clocked a 49 percent year-on-year growth in consolidated profit at Rs 190.7 crore for the quarter ended June FY23 on low base.

[{"selector":"#anim-1216fff5-cf8c-4879-a5c8-8520ff90bb44","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62fd57ef-4118-49a7-9b9e-4331e106fdf6","keyframes":{"transform":["translate3d(100.27397%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The gold financing company reported a 17.4 percent year-on-year decline in standalone profit at Rs 802 crore for the quarter ended June FY23 impacted by lower total income,

[{"selector":"#anim-3ea84171-dbb9-4f42-b11c-161e5e9bcb46","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7fbbf34c-269c-4a65-881c-15dcde6171c6","keyframes":{"transform":["translate3d(100.27397%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The company reported in its financial earnings report that it's revenue for the April-June quarter went up by 15 percent and margins stood at 16 percent as compared to being 17 percent in Q1FY22

[{"selector":"#anim-649b2505-9539-4f47-b72f-8c86997ce8a0","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c3bcbc3-6279-4bba-a38a-e4f328345f56","keyframes":{"transform":["translate3d(100.27397%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Tata Asset Management Company is exploring options to buy about 45 percent in UTI AMC from four state-owned financial entities. If the deal goes through, the combined entity would be the fourth largest asset manager in India.

[{"selector":"#anim-09798bc1-a71f-4bfa-8f05-e14f8aa04775","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-049233fb-b227-49b2-87fe-83aef04a392d","keyframes":{"transform":["translate3d(100.27397%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Indiabulls Real Estate has cut its net debt by 54 per cent to Rs 464 crore during the three months ended June, compared to the March quarter.

[{"selector":"#anim-12702e8e-2dd1-492f-a24f-930f4224ee90","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3649faed-798d-43a3-ab3b-1d6bf79530af","keyframes":{"transform":["translate3d(100.27397%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Private equity major KKR has sold its entire 27 percent stake in Max Health and raised Rs 9,290 crore in the process. 26 crore shares changed hands at Rs 355 per share in the deal.

[{"selector":"#anim-5ee3972e-b795-45d0-852b-e371a7c18549","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6189546c-c0d1-4366-a72f-085f21d633ba","keyframes":{"transform":["translate3d(100.27397%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The tyre maker clocked a 49 percent year-on-year growth in consolidated profit at Rs 190.7 crore for the quarter ended June FY23 on low base.

Apollo Tyre

The gold financing company reported a 17.4 percent year-on-year decline in standalone profit at Rs 802 crore for the quarter ended June FY23 impacted by lower total income,

Muthoot Finance

The company reported in its financial earnings report that it's revenue for the April-June quarter went up by 15 percent and margins stood at 16 percent as compared to being 17 percent in Q1FY22

Honeywell Automation

Tata Asset Management Company is exploring options to buy about 45 percent in UTI AMC from four state-owned financial entities. If the deal goes through, the combined entity would be the fourth largest asset manager in India.

UTI AMC

Indiabulls Real Estate has cut its net debt by 54 per cent to Rs 464 crore during the three months ended June, compared to the March quarter.

Indiabulls Real Estate

Private equity major KKR has sold its entire 27 percent stake in Max Health and raised Rs 9,290 crore in the process. 26 crore shares changed hands at Rs 355 per share in the deal.

Max Health