News Overview

As reported by Anarock, industry sales were also up 36% YoY/ 4% QoQ while launches were up 24% YoY

For aluminium, weak demand globally and fall in key RM costs have kept prices range-bound.

Gandhar Oil Refinery India, manufacturers of Divyol brand of lubricant oils, is launching its IPO this week. In conversation with Sheetal Agarwal of IIFL, management talks about the company’s key strengths, strategies and outlook.

With the industry set to add ~40% incremental bed capacities over the next 4yr period, analysts of IIFL Capital Services believe volume growth will start improving even for the larger hospital players from H2FY25.

After increasing 2.2% the previous week, spot gold was down 0.2% at $1,975.80 per ounce. The price of US gold futures fell 0.3% to $1,978.50.

The coupon rate comprises a 5% cash coupon and an annual redemption premium of 8.275%.

F&O contracts enter a ban when open interest (OI) crosses 95% of market-wide positions limits (MWPL)

The RBI clarified that the penalties are based on deficiencies in regulatory compliance and do not pass judgment on the validity of transactions or agreements between the banks and their customers.

Petrol and Diesel prices in cities across India on 20-11-2023

Check Fedbank Financial Services IPO details, price band, important dates