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Despite the decline, Hyundai's Chief Operating Officer, Tarun Garg, highlighted that SUVs now contribute to 70% of the company’s overall sales.

The government appears to be going slow on capex, but revenue expenditure is still quite buoyant

In September, it was again the large cap funds that stood out, even as alpha hunting in smaller stocks took a back seat

The company aims to use the net proceeds from the IPO towards funding working capital requirements and other general corporate purposes.

In the mini car segment, which includes models like Alto and S-Presso, sales increased slightly to 10,363 units, compared to 10,351 units in September 2023.

The IPO, with a face value of Rs 2 per equity share, is a combination of fresh issues of up to Rs 420 crore and an offer for sale of up to 2.7 million equity shares.

Godrej Properties stated that the board has approved the raising of capital in an amount not exceeding Rs 6,000 crore.

Furthermore, the underframes are composed of bespoke stainless steel tubes. This move lowered container weight by about 500 kilogrammes.

Sales of medium and heavy commercial vehicles (M&HCVs), including exports, during the previous month amounted at 11,077 units.

The project aims to construct 10,000 MW of renewable energy capacity (6,000 MW solar and 4,000 MW hybrid) in Bikaner, Jaisalmer, and others.