Auto Sector

Vaibhav Jewellers aims to raise Rs 270.20 crore through the initial public offering, comprising a fresh issue of Rs 210 crore in shares by the company and an offer-for-sale (OFS) of Rs 60.20 crore

The price band for this IPO is set at Rs 133-140 per share.

The net proceeds from the fresh issue will be channeled into enhancing Fincare Small Finance Bank's Tier-1 capital base to meet future capital requirements.

The price band for the offering is set at Rs 280-300 per share

In the broader market segments, the Nifty Smallcap 100 displayed a 0.7% increase, while the Nifty Midcap 100 recorded a 0.3% uptick.

According to a statement from the company, the software is made to assist investors and traders of all levels of experience in taking part in the financial markets and achieving their financial objectives.

A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.

The HDFC AMC stock went up 1.90% to Rs 2721.85 at 10:35 a.m. on the NSE.

Analysts of IIFL Capital Services keenly monitor how INOX executes and rebuilds its order book, manages working capital, and pares down debt (Rs27bn) and remains an interesting play.

To fulfill the 650,000-unit order book and prepare for anticipated record-breaking holiday season sales, automakers have increased output by up to 25%.