News Overview

Sales of medium and heavy commercial vehicles (M&HCVs), including exports, during the previous month amounted at 11,077 units.

Godrej Properties stated that the board has approved the raising of capital in an amount not exceeding Rs 6,000 crore.

According to earlier reports, NTPC's renewable energy subsidiary is slated to conduct its IPO in the 1st week of November.

The carmaker noted that the automotive industry is suffering certain sales issues as a result of the unlucky Shradh season and an extended monsoon.

Toyota Kirloskar Motor (TKM) said that it sold 23,802 units in the domestic market and exported 3,045 units.

Coal India acknowledged concerns made by coal consumers seeking revisions to the unequal interest rates.

The top losers in Nifty include Asian Paints, IndusInd Bank, Oil and Natural Gas Corporation (ONGC), and Bajaj Auto.

Rahee Infratech’s IPO includes a fresh issue of ₹420 crore, along with an offer for sale of up to 2.7 million equity shares by existing shareholders.

Retail sales data from the Vahan portal for the period of September 1 to 29 show that Ola Electric sold 22,821 units, while Bajaj Auto sold 17,507 units

Earlier this year, in March 2024, NCC had secured orders exceeding ₹3,000 crore, reflecting strong momentum in its order book.