Auto Sector

As consistent performance continues, analysts of IIFL Capital Services believe that this discount will narrow.

Company’s sale of domestic tractors stood at 9,270 tractors.

For FY24, analysts of IIFL Capital Services expect a recovery in industry profitability, on the back of falling fuel prices and sustained volume growth (8-9% YoY).

The proceeds generated from the fresh issue will be utilized to enhance the company's capital base, enabling it to meet future capital requirements effectively.

Maruti Suzuki's domestic passenger vehicle sales increased by 8%.

Here are some stocks that may show significant price movement today.

The week to June 30, 2023 was a relatively tepid week for start-ups with funding sharply lower at $65 million across 42 deals overall for the week compared to $149 million across 20 deals in the previous week.

In our NFO Pick section, we get back to a passive fund for the week; Axis Nifty IT Index Fund.

With a participation interest of 66.67% in RIL and a participating interest of 33.33% in bp, RIL is the owner and operator of the KG D6 block.

The firm said in a filing on Friday that "the review will begin immediately and will evaluate a broad range of options to maximize stakeholder value, including but not limited to a potential strategic sale of some or all of the above-mentioned steel businesses."