Auto Sector

The GIFT Nifty on the NSE IX is showing a modest increase of 8 points, equivalent to 0.04%, as it stands at 19,491.

Here are some of the stocks that may see significant price movement today.

Indo Farm Equipment operates out of a facility located in Baddi, Himachal Pradesh.

Sensex Laggards: NTPC, Axis Bank, IndusInd Bank, Maruti, and More, While Nestle and HDFC Bank Gain

The company has already secured Rs 20 crore from two anchor investors, Chanakya Opportunities Fund I and Astrone Capital UCC-Arven

The first half of FY24 saw a surge in the number of IPOs. What is interesting is that barring one IPO, the others are all trading at a premium. Aggregate oversubscription had been around 29-30 times for IPOs overall in the first half of the fiscal.

Since September 1, 2023, the company has begun scheduling test drives for consumers who have made reservations.

The company did not disclose the contract values but claimed that according to its classification of contracts, the orders fit into the "significant" category, which is worth between Rs 1,000 and Rs 2,500 crore.

The company is raising Rs 200 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.

According to ICICI Bank, in a regulatory filing, the institution distributed 4,000 senior unsecured redeemable long-term notes in the form of non-convertible debentures of Rs 4,000 crore.