News Overview

Sumitomo has enlisted Nomura as the investment banker for the potential stake sale in Samvardhana Motherson.

The corporation will submit an appeal against the ruling before the Joint Commissioner (ST)

Motorcycle sales was 3,54,658 units last month, compared to 3,56,749 units in the same time previous year.

Given that all-India Dec-exit average price is 2% lower than Q3 average price, analysts of IIFL Capital Services expect price increases to come through as demand further picks-up.

Analysts of IIFL Capital Services top-picks in the Pharma sector are Mankind, JB Pharma, Sun Pharma and Aurobindo.

RVNL also entered into a contract with REC, disclosed in a separate filing with the BSE on January 2

The Memorandum of Understanding (MoU) aims to explore business opportunities in caustic-chlorine and other allied businesses

Analysts of IIFL Capital Services have maintained that M&M’s SUV retail registrations (as per Vahan) have not kept pace with wholesales; hence, wholesales should correct.

The company witnessed an 18.66% YoY increase in consolidated revenue from operations in Q2FY24, reaching Rs 12,624.37 crore compared to Rs 10,638.33 crore a year ago

Spot silver rose 0.1% to $23.66 per ounce, while platinum held steady at $981.27.