Auto Sector

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

Indian equity markets may see a day in Green today

The company the total issue size to Rs 257 crore from Rs 388 crore, as the IPO was subscribed only 0.53 times.

Profit-booking took place today

On the sectoral front, except pharma stocks, all other sectoral indices are trading in the deep red territory.

TML crosses a landmark milestone for 500,000 connected vehicles on their unified, connected vehicle platform.

The loan agreement is for developing infrastructure in various Indian states, a statement from the finance ministry said.

In a recent meeting with analysts at IIFL Capital Services, management of Altigreen discussed the focus on ownership of key tech (BMS, traction motor, transmission system), developed through extensive customer research and in-house R&D. This should be the moat to offer best value.

The outlook for the overall pharma sector for 2023 remains mixed. US generic market continues to be challenging, with high-single-digits to low-double-digits price erosion across companies. Additionally, with USFDA plant inspections picking up, regulatory risk for export-focused companies has increased, with a spate of warning letters/import alerts across plants. Comparatively, the domestic India Pharma Market (IPM) continues to clock a secular 10-11% growth for the industry.

Airtel 5G Plus now works on all Android and Apple supported 5G devices.