Auto Sector

Backed by a strong government focus on improving domestic production, Coal India (CIL) is well set to post strong 8% volume growth over FY24-25; following 13% growth in FY23.

Recommendation: Reduce; Target Price: Rs 22800

Recommendation: Reduce; Target Price: Rs 580

Analysis of recent airline traffic data reveals that Go First’s cessation of operations is having a positive impact on the rest of the industry.

Path to recovery could be longer, analysts of IIFL Capital Services see FY24 distribution to be flat YoY with higher interest outflow offsetting any NOI increase.

Analysts at IIFL Capital Services released a monthly dashboard to track key data points of the Indian economy.

In the fiscal year 2023, Ashok Leyland recorded impressive growth in net profit, more than doubled to reach Rs 1,380 crore.

The US has already hit the debt ceiling of $34.1 trillion in January 2023 and since then it has been operating on emergency measures.

The Scheme would invest in Securities covered by S&P BSE Housing Index and debt and money market instruments.

The rupee is expected to open at approximately 82.85-82.87 to the US dollar, down from 82.80 in the previous session, according to non-deliverable forwards.