We remain cautious of the impact of prolonged rate hikes on the housing sector as well as overall consumer demand in the economy.
The corpus of the Scheme, will be primarily invested in Exchange Traded Funds replicating S&P 500 TRI.
Tractors witnessed lowest growth of 4%, among all vehicle categories.
The company is offering its shares at a price band of Rs 412-436 per share and investors can bid for 34 shares in one lot and in multiples thereof.
Retail deposits grew by 23.5%; wholesale deposits by 10%.
Analysts at IIFL Capital Services have initiated coverage on Prestige Estates Projects Ltd (PEPL) with a Buy rating and target price of Rs540/share.
At the investor day, Hindalco management fine-tuned the FY24-26 capital allocation towards US$4.4 billion prioritized growth capex with stable leverage and 10% shareholder returns.
The company is raising Rs 150 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
IIFL Customer Care Number
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1860-267-3000 / 7039-050-000
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+91 9892691696
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