Auto Sector

Recommendation: Add; Target price: Rs 980

Steady performance expected from the company.

According to Zee, marketing costs climbed as a result of investments in new series, films, and theatrical releases, while programming and technological costs rose as a result of greater content costs in movies.

The company's board approved the issuance of 7,59,77,000 equity shares valued at Rs 10 each

In comparison to the same quarter last year, the company reported an EBITDA of Rs 70 crore in the June quarter, an increase of 41% year over year.

Investors with very high risk appetite and want to invest for 5 to 7 years in a innovative sector mutual fund should invest in Nippon India Innovation Fund.

The unchanged repo rate will help maintain the momentum in housing sales

Data on the U.S. consumer price index (CPI), which is due later today, is anticipated to indicate a small increase in inflation in July.

IRCON International plans to conclude the fiscal year with a robust order book totaling Rs 35,000 crore.

Brent crude was down 20 cents, or 0.2%, to $87.35 per barrel after closing at its highest level since January 27 the previous day.