Auto Sector

As the first public sector bank in India to offer inbound cross-border bill payments through BBPS, this initiative marks a significant milestone for Canara Bank, it was further stated.

Domestic passenger vehicle sales in March stood at 2,92,030 units.

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.