Auto Sector

The company's profit after tax (PAT) stood at Rs 296.19 crore in Q1 FY24

Recommendation: Add; Target price: Rs 980

The company said that the search was carried out by the Office of Additional Commissioner GST, Bhiwadi Zone, Rajasthan in a regulatory filing.

All the tractors with a 4x4 transmission promise to be loaded with technology and a flurry of features not generally found in tractors, with costs starting at Rs 564,000 units (Pune).

Recommendation: Buy; Target price: Rs 500

The family settlement agreement dates back from 2016, and there has been no change in management or control of the company as of now.

Punjab & Sind Bank managing director Swarup Kumar Saha said the bank also plans to open 50 more branches during the current fiscal year, bringing the overall network above 1,600.

Recommendation: Add; Target price: Rs 800

ITC reported Q1FY24 results ahead of analysts of IIFL Capital Services expectations. While the overall sales declined 6% and missed their estimates on account of lower Paperboard and Agri sales, Ebitda / PAT growth at 10%/16% were in line with / ahead of their estimates. Cigarette volumes grew 8% — in-line — with a further 150bps contributed by pricing and mix each. For Cigarettes, Ebit […]

According to Ashok Leyland in a regulatory filing, OHM is now a wholly owned subsidiary of the business as a result of the transaction.