News Overview

TVS Motor Company committed to investing Rs 5,000 crore over the next five years and creating 500 jobs with support from the state

The company secured a contract for manufacturing and supplying four rakes of double-decker automobile carrier wagons for SUV editions

The project, located in Gurugram's Sector 76 and 77, saw the sale of apartments worth Rs 7,200 crore, and it was fully sold out within 72 hours

RIL aims to offer affordable green hydrogen as an alternative to traditional fuels

Analysts of IIFL Capital Services see upside to this, led by the delivery of 36% EPS Cagr, sustained 30%+ RoEs and healthy cash generation incrementally.

The company initially aimed to raise Rs 80 crore from the pre-IPO placement, as stated in the draft papers filed on September 27, 2023, with Sebi

The company, despite challenges, achieved overall growth driven by the expanding presence of packaged oils and foods

The total land required for the project is 2950.31 acres.

Analysts of IIFL Capital Services upgrade their FY24-26 EPS by 5-7% to account for strong operational performance.

HDFC, Axis and IIB are analysts of IIFL Capital Services top picks in the sector.