Auto Sector

In the 12th edition of their “Quirks of the Quarter” series, analysts at IIFL Capital Services explore 12 themes ranging from sectoral topics such as front ending of margin expansion, unusual price hikes in QSR and company-specific issues in Dabur, Varun Beverages, United Spirits, among others.

Analysts of IIFL Capital Services see Power demand growing at 5-7% in FY24, even if some industrial load switches back to captive units.

The dollar fluctuated in Asian trading and hardly responded to the vote, with the euro increasing 0.04% to $1.06895 against the dollar.

He graduated from BIT Sindhri as a metallurgical engineer, and as a Management Trainee (Technical), he began working for SAIL in 1991.

Recommendation: Buy; Target Price: Rs 5315

Abrdn (Mauritius Holdings) 2006 Ltd owned more than 3.56 crore shares, or 1.66% of Mumbai-based HDFC Life, as of the March quarter.

Q4FY23 real GDP accelerated to 6.1% YoY versus 4.5% in Q3 (GVA 6.5%) - significant beat versus consensus estimates of 5%. FY23 real GDP grew 7.2% YoY (GVA 7%). On the demand side, growth was led by investments and exports while consumption (Private and Government) continued to struggle.

Petrol and Diesel prices in cities across India on 01-06-2023

The MOSPI put out the fourth quarter real GDP growth for March 2023 quarter at 6.1% and for the full fiscal FY23 at 7.2%.

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