JLR sold 93,253 units, recorded a 30% YoY wholesale growth as of June 30, 2023.
Company's retail sales for the quarter were 1,01,994, up 29% YoY
Wholesales and retails are down 1% QoQ.
Company's order book is at 1,85,000 units
Range Rover, Range Rover Sport and Defender represent 76% of the order book
Source: Exchange filing
Allcargo Logistics' Target Price Cut 26% By Jefferies To Discount Two Demerged Units
Bullish On Onsite Capex Model For Captive Solar, Says Hartek Group's Simarpreet Singh
IdeaForge Technology Shares Open At 94% Premium Over IPO Price On Debut
Cooling Industry Has Room For Growth In India, Says Symphony's Achal Bakeri
Suzlon Energy has approved the conversion of 1.59 lakh partly paid-up equity shares aggregating to Rs 3.97 crore
The shares with a face value of Rs 2 apiece have a paid-up value of Rs 1 each
Source: Exchange filing
IdeaForge Technology shares listed at Rs 1305.10 per share on the BSE, a premium of 94.21% to its IPO price of Rs Rs 672.
On the NSE, the stock listed at Rs 1,300 apiece, a 93.45% premium.
Its IPO was subscribed 106.06 times.
Source: BSE, NSE
The broader market indices outperformed the larger peers; the S&P BSE MidCap Index was up 0.05%, whereas S&P BSE SmallCap Index was 0.36% higher.
Fourteen out of the 20 sectors compiled by BSE advanced with consumer durables gaining the most over 1%
The market breadth was skewed in the favour of the buyers. About 1,817 stocks rose, 952 declined, while 124 remained unchanged on the BSE.
At pre-open, the S&P BSE Sensex Index was down 226.23 points or 0.34% at 65,559.41 while the NSE Nifty 50 Index was 74.50 points or 0.38% lower at 19,422.80.
Source: Bloomberg
Talbros Automotive Components has won multi-year orders worth Rs 400 crores from domestic and overseas customers
The orders will be executed over seven years and include multiple EV orders, forging, and gasket products
Source: Exchange filing
The yield on the 10-year bond opened two bps higher at 7.17% on Friday.
It closed at 7.15% on Thursday
Source: Bloomberg
The local currency weakened about 14 paise to open at 82.64 against the U.S dollar on Friday.
The local currency closed at 82.50 on Thursday.
Source: Bloomberg
Kalyan Jewellers has announced a 31% YoY growth in consolidated revenue as of June 30.
The company's revenue from its Indian operations grew by 34% YoY.
Source: Exchange filing
Zen Technologies has won a Rs 160 crore order from the Government of India/
The order is a part of the Indigenous Design and Development initiative, which requires Indian IP and over 60% indigenous content.
Source: Exchange filing
Modi’s Push To Take Indian Rupee Global Gets Off To A Slow Start
Dabur Q1 Update: Revenue Growth Estimated At 10%
Britannia To ITC Volumes To Grow In Q1: Nomura
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
