Auto Sector

NTPC is planning to divest 25% of its green energy arm via a public offering.

Customers can exchange their used commercial vehicles for new Ashok Leyland ones, using this e-marketplace.

The debentures will be issued on private placement basis.

Analysts at IIFL Capital Services hosted a conference call with Information Services Group (ISG), an outsourcing advisory firm working with over 500 corporates globally.

Total area of these land parcels is more than 29 million square feet.

4.5 Gigawatts of coal based thermal power production capacity to be added in FY 24.

The past six months have seen a sharp rise in TVS’ EV volumes and a fall in sales of Hero Electric, Okinawa, etc., following withdrawal of FAME subsidy eligibility for the latter players. This has led to sharp re-rating of TVS stock, despite EPS downgrades.

Company's stock price drops after March quarter result falls short of expectations.

Recommendation: Buy; Target price: Rs 1,500

The issue will close on April 25 and list on the NSE and BSE on May 4.