Auto Sector

Negative global cues drove Indian equity markets lower today.

Sales of existing homes fell sharply year-on-year by 36.9% in January.

Mahindra Electric Automobile Ltd (MEAL) was established in October 2022 as a wholly-owned subsidiary.

352,248 EVs sold in December quarter.

These debentures have AA+ credit rating.

In Q3FY23, demand across QSR players came under pressure due to macro factors.

Analysts at IIFL Capital Services have upgraded ONGC’s and OIL’s FY24-25 estimated EPS by 7-15% to reflect year-to-date performance; and see attractive dividend yields offering fundamental support to their stocks.

The company has said that it will refile the DRHP soon.

In FY 22 its profit was Rs 49.65 crore.

Here are some stocks that may show significant price movement today.