Auto Sector

The IPO commenced on Monday, July 17, and will conclude on Wednesday, July 19.

The company will use the net proceeds from the issue for onward lending, financing and repayment of interest and principal amount of borrowings and other general corporate purposes.

JLR Chief Executive Adrian Mardell stated that the Tata Group is committed to locating the new Gigafactory in Europe.

SBI Funds Management Ltd (SBIFML), the AMC of SBI Mutual Fund, has been selected as the investment manager-cum-sponsor for the CDMDF.

As a result of developments in software, cloud computing, and the Internet of Things (IoT), analysts predict that the smart metering market will experience rapid expansion in the next years.

The bank's deposits grew by 15% year-on-year, amounting to Rs 3.47 lakh crore

The company has set the price band for its proposed initial public offer (IPO) at Rs 475 to Rs 500 per equity share.

An embedded radio frequency antenna on a chip card known as a contactless card enables transactions up to a particular value without requiring the user to enter their PIN information.

Recommendation: Buy; Target Price: Rs 1700

Brent futures were up 9 cents, or 0.1%, to $79.72 per barrel, while WTI crude oil prices in the United States were unchanged at $75.75 per barrel.