News Overview

Company sold 35,976 vehicles in March.

Based on the customary announcement of the headline provisional performance, Bharat Electronics (BHE) has managed to meet its guidance for revenues (Rs173 billion, +15% YoY) and order inflows (Rs202 billion, +5% YoY).

Analysts at IIFL Capital Services recently met Amit Bakshi, MD of Eris. Here are the key takeaways.

The issue which was available for subscription from March 20 to March 23 has seen heavy demand from investors across categories.

On the last day of fiscal year FY23, the Office of the Economic Advisor announced core sector growth for February 2023.

It would be a cliché to say that the IPO action in FY23 was nowhere close to the impressive IPO action in FY22. That would have obvious even to any intuitive observer.

The company sold 89,351 units in March.

Here is a quick look at the returns on key indices for the month of March 2023 and for FY23 overall.

Power consumption of the country in March was 127 billion units.

The month of March 2023 may have been tepid for markets, but FPI selling persisted.