Despite the overall decline in production, Maruti Suzuki's production of passenger vehicles increased by 1.3% to 130,114 units in November 2023
MHCV industry declined 1% YoY, a big negative surprise after the average 20% growth in recent months.
The Bharatiya Janata Party (BJP) secured significant victories in three out of the four state assembly elections, as indicated by results over the weekend.
Although DMF-API-based products have 300bps lower GMs, these products allow Mankind to differentiate vs peers and gain access to the super-specialist doctor channel.
According to a press release from HUL, the Beauty and Personal Care division will split into separate Beauty & Wellbeing (B&W) and Personal Care (PC) companies as of April 1, 2024.
The buyer would acquire 6,41,01,646 shares in the company, for a total transaction value of Rs 18,928 crore.
IDBI trusteeship claimed at the NCLT that it is the debenture trustee of 425 debentures issued by Essel Infraprojects.
Motorcycle sales increased by 25.07% year-on-year to 4,41,276 units in November 2023, up from 3,52,834 units in November 2022.
RATE continues to aspire to double revenues over FY24-27. Analysts of IIFL Capital Services 12-month TP of Rs740 is based on 2YF P/E of 35x
Glenmark Pharmaceuticals has recalled 37,200 bottles of Indomethacin capsules, a nonsteroidal anti-inflammatory drug (NSAID)

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