Auto Sector

The textile component, contributing 82 % to Trident's total revenue, experienced a 10 % decline to Rs 1,207 crore in Q1FY24.

Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Mirae Asset Multicap Fund.

The share price of Intellect Design Arena opened at Rs 601.55 apiece on the Bombay Stock Exchange

Healthy volumes, benign commodity costs, higher realisations in industrial systems and savings from operational excellence measures aided 14.2% OPM (-30bps QoQ/ +260 bps YoY).

The subscription period will open on August 8 and close on August 16

Recommendation: Buy; Target price: Rs 520

Recommendation: Reduce; Target price: Rs 23500

The proceeds from the fresh issue will be utilized for repaying debts, capital expenditure towards hospitals, and funding inorganic growth initiatives.

There have been about 20 Renault and Nissan models released from the plant in the past 13 years.

The securities put under the ban are Indiabulls Housing Finance and Delta Corp, as they have exceeded 95% of the MWPL