Auto Sector

Global cues are positive today.

Dollar index near 103 level.

Spot gold was down 0.3% at $1,962.36 per ounce.

The company is planning to raise Rs 1000 crore from fresh issue and an offer for sale of up to 9,00,00,000 equity shares

Brent increased 5.67% to $84.42, while the West Texas Intermediate price increased 5.74% to $80.01 per barrel.

The company sold 73,069 units in India; exported 24,515 units.

Diesel sales stood at 6.81 million tonnes.

The company sold 8% more units in 2022–2023—53,28,546—than in 2021–2022—49,44,150.

This is a year-on-year growth of 18% in sales.

Auto stocks seeing some rally.