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FY23 was a strong year for Auto, with key segments clocking 12-49% volume growth versus FY22. However, YoY growth moderated over the course of FY23.

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Money likely to be raised through equity and convertible bonds.

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Valued at 16 times the projected sales for FY 24.

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The company is raising Rs 200 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.

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In May 2022, the company has paid a dividend of Rs 56.50 per share.

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This can be attributed to the pressure of higher core inflation

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JP Chalasani will be the new CEO.

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US dollar index down by 0.5%.

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Here are some stocks that may show significant price movement today.

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