Auto Sector

In IIFL’s recent interaction, Sun TV management stated that FY24 should see mid-to-high single-digit growth in ad and subscription revenue.

The BVs, both corporate and individual, would have the authority to carry out tasks such as gathering proposal data, KYC documents, and organising services linked to claims.

Infosys has declared a final dividend of ₹17.50 per share for eligible shareholders for the fiscal year 2022-23.

According to estimates based on data from Vortexa, Russian supplies arrived in India at a record high of 8.6 million tonnes (62.8 million barrels)

Brent crude futures increased by 13 cents, or 0.18%, to $74.41 a barrel, while U.S. West Texas Intermediate crude (WTI) increased by 15 cents, or 0.21%, to $70.25 a barrel.

While Bayer’s EBITDA CAGR over FY20-23 has been merely 8%, quality of earnings has remained fairly stable.

The OFS, which opened for institutional investors Monday, received a staggering 346% of its subscription.

In the money markets, the probability of an increase is at about 29%, down from around 70% earlier in the week.

According to Aditya Birla Capital Ltd., the preferential issuance would take place at a cost of Rs 165.1 per equity share and is pending approval from shareholders.

Q4FY23 saw an aggregate Sales/EBITDA/PAT growth of 10%/3%/4% on a YoY basis, for a sample of 458 companies out of the BSE 500.