After the iPhone, AirPods will be the second product category produced in India.
On the sectoral front, Nifty IT and Pharma stocks are trading about 1% higher.
The product will be available from September 2023 onwards.
Recommendation: Reduce; Target price: Rs 3040
The Cupertino, California-based company is embarking on a multiyear strategy to diversify its manufacturing away from China.
The company's profit after tax (PAT) stood at Rs 296.19 crore in Q1 FY24
Recommendation: Add; Target price: Rs 980
In the reporting quarter, the company recorded an EBITDA of Rs 4,157 crore.
The company said that the search was carried out by the Office of Additional Commissioner GST, Bhiwadi Zone, Rajasthan in a regulatory filing.
All the tractors with a 4x4 transmission promise to be loaded with technology and a flurry of features not generally found in tractors, with costs starting at Rs 564,000 units (Pune).
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