Auto Sector

Incremental CRR is a temporary mechanism used during abrupt deposit increases to reduce liquidity.

Under this plan, lenders will need to transparently communicate with borrowers about loan tenure and equated monthly installments (EMIs).

The SBFC Finance IPO was open for subscription from August 3 to August 7, with a price range of Rs 54 to Rs 57 per share.

The upcoming facility will prioritize sustainability, aiming to achieve IGBC and LEED certifications

Absence of Molnupiravir sales to impact year-on-year performance.

The company recently declared a 22 % year-on-year rise in net profit for the April-June quarter

PI Industries Ltd reported a substantial 46.2 % increase in net profit for Q1

Credit policy review by the RBI Monetary Policy Committee focuses on ensuring sustainable growth of 6.5% or more for the economy while navigating challenges of inflation related more to weather conditions.

The pharmaceutical company's net profit for the June quarter escalated by 41.2 %, reaching Rs 290.20 crore from Rs 205.60 crore

Recommendation: Reduce; Target Price: Rs 500