The Punch EV is now available at a price range of Rs 10.99 lakh to Rs 14.49 lakh for the top-spec variant, with deliveries set to commence on January 22
Profit jumped 2.5% sequentially, while net interest income increased by roughly 4%.
The Board has re-appointed Amit Chadha, CEO and MD of the firm for three years.
The rupee depreciated by 3 paise, reaching 83.15 against the US dollar
The IPO is an Offer for Sale (OFS) of 2.8 crore shares, priced at Rs 397-418 per share
The value of the significant order falls between Rs 1000 crore and Rs 2500 crore, as per L&T's categorization of order values
The allotment of these shares was approved by the board of IANS at its meeting on January 16, 2024
The bank's net interest income (NII) for the same period increased by 24% YoY, reaching Rs 28,470 crore
Despite government incentives like Auto PLI, battery PLI, and FAME II, EV penetration remains at around 1% of total sales in India
Investors with very high risk appetite and want to invest for 5 to 7 years to diversify their portfolio in Nifty 50 companies stocks should invest in ICICI Prudential Nifty50 Value 20 Index Fund.

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