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The business began selling its made-in-India cars in 2012; it presently offers the entry-level Kwid, the small SUV Kiger, and the multipurpose Triber.

In the 12th edition of their “Quirks of the Quarter” series, analysts at IIFL Capital Services explore 12 themes ranging from sectoral topics such as front ending of margin expansion, unusual price hikes in QSR and company-specific issues in Dabur, Varun Beverages, United Spirits, among others.

In Q4, Paints sector saw revenue rebounding to 12% YoY (3% in Q3), driven by improving demand conditions aided partially by a favorable base.

Spot gold increased 0.2% to $1,965.61 per ounce. Futures for U.S. gold increased 0.2% to $1,965.20.

Investors in Europe and the Middle East have reportedly shown a lot of interest.

Analysts of IIFL Capital Services see Power demand growing at 5-7% in FY24, even if some industrial load switches back to captive units.

The power would be sold by PTC India to different utilities as well as business and industrial customers.

Analysts of IIFL Capital Services preferred picks are HG Infra and PNC among Road players and Powermech Projects.

The company envisions that the new app will help in expanding its digital business.

If April 2023 was a distinctly positive month for the equity markets, then May 2023 built on that momentum.