Hyundai Motor India IPO: The most recent study from InCred Research Services Private Ltd noted that Hyundai Motor India IPO expands investment opportunities in the underdeveloped Indian auto sector and aims to offer value growth while volume growth appears to be modest. Even if the business is smaller than the […]
Nifty Auto
The Nifty Auto index settled 0.69 per cent lower at 25,092.30 on Friday, June 21, against the domestic benchmark Nifty 50 which closed 0.28 per cent lower at 23,501.01 succumbing to profit booking after hitting all-time highs. However, the frontline indices locked in a third straight week of gains powered […]
M&M is looking to capitalize on its market leadership in the automotive and farm segments and unlock the potential of its key subsidiaries—Mahindra Lifespaces, Mahindra Holidays, and Mahindra Last Mile Mobility, which it has identified as its “growth gems”. The outlook for M&M’s automotive business is upbeat, with the company […]
NSE Indices Limited, a subsidiary of NSE specializing in index services, unveiled a new thematic index named the Nifty EV & New Age Automotive Index, on Thursday. This index is designed to monitor the performance of businesses within the electric vehicle (EV) sector and those engaged in the advancement of […]
However, in the second half of today’s trade, the market took a U-turn, led by gains in bluechip stocks, rise in broader markets as well as in most sectoral indices. The Sensex jumped as much as 611 points to its day’s high of 74,070.84, surpassing the crucial 74,000 levels while […]