Auto Sector

Good growth likely on all key parameters.

The merger of the subsidiary companies with Tata Steel is scheduled to be completed in 2023-24.

Asian equities are also trading under pressure, tracking the global cues.

Here are some of the stocks that may see significant price movement today.

IRM Energy, a city gas distribution (CGD) company, has set its sights on raising Rs 545.4 crore through this IPO.

For the quarter that ended on September 30, 2023, the company recorded a consolidated net profit of Rs 1,281 crore, while revenue increased by 15.3% to Rs 16,012 crore.

The company's sales increased from Rs 1,305 crore in Q1 to Rs 1,999.9 crore in Q2, a 53.3% increase.

The BSE Midcap and Smallcap indices ended the day with relatively flat performances.

The company is raising Rs 1000 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.

Fed Governor Chris Waller looks back at 19 months of rate hikes and underlines why inflation may be more complicated.