Auto Sector

This is the first gas collection cum gas compression center in Bokaro CBM block.

The company may consider pre-IPO placement of up to Rs 60 crore and if such placement takes place, the number of equity shares will be reduced from the issue.

Skymet expects the upcoming June-September monsoon to be 'below normal' to the tune of 94% of the long period average (LPA)

EbixCash is in four primary business segments: payment solutions, travel, financial technologies, business processing outsourcing services, and startup initiatives.

Analysts at IIFL Capital Services have cut their standalone EPS estimates for Tube Investments (TIINDIA) by 4% for FY24 and FY25, amid lower growth expectations for domestic auto volumes across 2W/PV/CV. They believe overall growth would be aided by faster growth for non-domestic auto segments.

Avalon Technologies is one of the leading fully integrated electronic manufacturing services (EMS) companies with end-to-end operations in delivering box build solutions in India.

Analysts of IIFL Capital Services cut their FY24 volume growth estimates across auto segments by 200-500bps. As a result, they cut EPS estimates across auto OEMs by up to 6%.

The U.S. dollar index declined by 0.05% to 102.07.

U.S. West Texas Intermediate dropped 6 cents to $81.48 per barrel, while Brent crude dropped 5 cents to $85.57 per barrel.

Exposure to regional banks in the US is limited and BFSI continues to be a key growth driver for the company despite investor concerns.