Auto Sector

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%.

This choice, taken on September 25, 2023, during a meeting, is significant for Fortis Health's expansion plans, especially for the area around Fortis Hospital, Anandpur, Kolkata.

The CCI had ordered the tire companies to pay fines totaling more than Rs 1,788 crore in August 2018 and to stop engaging in unfair commercial practices.

The Rs 270.20-crore worth Manoj Vaibhav IPO opened for subscription on September 22 and will close on September 26.

Margins should trend down, given the focus on growth and diversification into other states and sectors. Healthy balance sheet is a key positive.

These include what may be the largest indirect tax notice ever served in the nation, a GST notice to fantasy sports platform Dream 11 for around Rs 25,000 crore, according to the reports.

The IPO is offered in a price band of Rs 113 to Rs 119 per equity share.

Excluding deal-related amortization expenses, the Biogen Biosimilars deal could add 24% and 29% to Dr. Reddy’s FY24 revenue and profits on a pro-forma basis.