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Source: Live Mint Amara Raja Energy and Mobility Ltd’s weak margin performance in the September quarter overshadowed its 12% year-on-year jump in standalone revenue. The revenue, which was in line with analysts’ expectations, was driven by increased traction in three segments: two-wheeler and four-wheeler aftermarket, two-wheeler original equipment makers, and exports. But rising input costs,…
Source: Live Mint With the automobile industry witnessing strong growth on account of increasing demand for four-wheelers, urbanisation, a shift towards electric vehicles (EVs), and strong government support, the Hyundai IPO couldn’t have come at a better time. Maruti Suzuki and Hyundai Motors are leading players in India’s automobile market, but which is the better…
Source: Live Mint The issue—a milestone for both the company’s parent Hyundai Motor Co. (HMC) and the Indian stock market as the country’s largest public offering so far—is a key part of Hyundai’s strategy to enhance the valuation of its global businesses as part of the South Korean government’s Corporate Value-Up Program. The programme seeks…
Source: Business Standard Share market today: Kaynes Tech had informed that the central government has approved the proposal of its wholly-owned subsidiary, Kaynes Semicon to set up a semiconductor unit in Sanand, Gujarat, on September 2. 4 min read Last Updated : Oct 15 2024 | 11:54 AM IST Kaynes Technology India shares hit a record…
Source: Business Standard Illustration by Binay Sinha 4 min read Last Updated : Oct 10 2024 | 2:18 PM IST Gujarat Fluorochemicals (GFL) shares hit a record high of Rs 4,696.35 as they rallied 7 per cent on the BSE in Thursday’s intraday trade on expectation of a significant earnings recovery in the financial…
Source: Business Standard Illustration by Binay Sinha 4 min read Last Updated : Oct 10 2024 | 2:18 PM IST Gujarat Fluorochemicals (GFL) shares hit a record high of Rs 4,696.35 as they rallied 7 per cent on the BSE in Thursday’s intraday trade on expectation of a significant earnings recovery in the financial…
Source: Business Standard 2 min read Last Updated : Oct 06 2024 | 6:59 PM IST Home grown EV charging solutions firm Exicom has acquired US-based DC fast charging technology company Tritium for USD 37 million, or about Rs 310 crore, a senior company official said. Exicom managing director Anant Nahata told PTI…
Source: Live Mint The motor insurance industry is undergoing a transformation driven by rapid technological advancements, evolving consumer expectations, and the global shift toward sustainability. With the rise of electric vehicles, AI-powered claims processing and shared mobility, these emerging trends are reshaping the landscape of motor insurance. As the industry adapts to these changes, insurers…
Source: Business Standard 4 min read Last Updated : Sep 24 2024 | 1:04 PM IST Mahindra & Mahindra (M&M) shares continued their upward journey to hit a new high of Rs 3,098, gaining 2 per cent on the BSE on Tuesday’s intra-day trade. In three days, the stock of the Mahindra group automobile…
Source: Business Standard Illustration by Binay Sinha 3 min read Last Updated : Sep 19 2024 | 2:29 PM IST Neogen Chemicals shares hit a new high of Rs 2,140, as it rallied 13 per cent on the BSE in Thursday’s intra-day trade on favourable demand outlook. The stock of the specialty chemicals maker is…
