Auto Sector

Ideas to emerge from the conference are Meghmani Finechem (contribution from downstream and value added products rising) and Gujarat Ambuja Exports

JIO’s move suggests continued competitive intensity, it does not incrementally worsen the tariff hike outlook since most of the Street (including us) was not factoring in a direct tariff hike in FY24.

Analysts of IIFL Capital Services expect revenue estimates to be cut during FY24, but its impact offset by margin benefits.

The RBI brings out the Financial Stability Report (FSR) twice a year; in June and in December.

JM Credit Opportunities Fund - 1 is targeting a final close by June 2024, with a deployment goal of Rs 1,500 crore, including co-investments with JM Group.

PKH Ventures Abandons IPO as Investors Show Limited Interest

In a filing with the Bombay Stock Exchange (BSE), Suzlon Energy informed shareholders about the upcoming board meeting and its agenda

The MoU was signed on June 23 between CNP's Chief General Manager (CGM) Bolewar Babu and NBCC's CGM (Engineering) Pradeep Sharma.

On July 4, IOC shares reached a 52-week high of Rs 96.41

The issue has seen oversubscription from all the investors’ categories which was available for subscription from June 27 to June 30.