Auto Sector

The public issue, valued at Rs 153 crore, had achieved a subscription rate of 1.61 times on its debut bidding day, August 18.

Within this allocation, a significant portion of 52.78 lakh shares was designated for four domestic mutual funds through a total of nine schemes.

The order pertains to a power project in Madhya Pradesh and involves BHEL's supply of crucial equipment

Investors with very high risk appetite and want to invest for 5 to 7 years in midcap companies should invest in UTI Nifty Midcap 150 ETF.

On a full-quarter basis after November 2023, this would have an impact on revenue of about Rs 17 crore and PAT of about Rs 9 crore, the business stated in a regulatory filing.

The initial public offering (IPO) of Pyramid Technoplast is priced in a range of Rs 151 to Rs 166 per share.

After a strong FY23 for the base US business driven by market share ramp-up in Lanreotide, analysts at IIFL expect FY24 to be a relatively softer year on an ex-Revlimid basis.

The proceeds from the new equity issuance will be utilized to partially or fully repay debt and for general corporate purposes.

ONGC stated, "We are embracing challenges, protecting interests, & fostering partnerships."

Analysts at IIFL Capital Services have reiterated ICRA as their top pick, while CARE is the dark horse.