Auto Sector

Jupiter Life Line Hospitals is poised to launch its inaugural public issue, comprising 1.18 crore equity shares, on September 6, within a price band of Rs 695 to Rs 735 per share.

The BSE midcap index rose by 1%, while the smallcap index gained 0.6% during the trading session.

By March 31, 2024, the project, which includes the 200 TPD Formalin Plant, is expected to commence commercial operation.

The increase was seen in all vehicle categories, with 2W experiencing a 6% increase, PV at a 6.5% increase, Trac increasing by 14%, and CV increasing by 3%.

The project costs Rs 174.27 crore, with RVNL holding a 74 % stake in the JV and MPCC holding the remaining 26 %

The firm made the announcement through an exchange filing on Tuesday.

The project pipeline encompasses locations in Gurugram, Panchkula, Chennai, and Mumbai.

Twelve of the 13 major sectoral indexes have recorded gains in today's market.

Mr. Ankit has worked in the pharmaceutical and biotechnology sectors for almost 15 years. He has worked on corporate strategy and growth efforts for a variety of firms.

EMS Limited has fixed price band at Rs 200-211 per share for its initial public offering.