#ipo update #Indigo paint listed @ 2607.50 with upper circuit (issue price 1490) #alliesfin overall 75% up from ipo price.
Sector in news 🗞
✈️Airlines sector: Domestic airfares are expected to remain high for another six to seven months, or until airlines are able to induct more aircraft and sort out the issues with P&W engines. Report
Air India is to receive 25 new Boeing 737-800 aircraft and six Airbus A-350-900s in the second half of the year as a part of its huge 470 aircraft order. The Boeing 737-800s will most probably be used for flights within India while the Airbus A350s will be used for international flights. #IndiGo and Akasa are also set to receive more aircraft and increase supply in the domestic aviation market.
🔰 Non-insurance sector reported an 18.06 per cent rise year-on-year to Rs 18,031.48 crore for May (excluding specialised companies, Agricultural Credit Insurance Company of India, and ECGC), the latest data released by the General Insurance Council showed.
The general insurance companies, which is 91 per cent of the non-life market, grew 17.45 per cent in May to Rs 15,933 crore while health insurance companies reported a 22.94 rise to Rs 2,098 crore.
#NewIndiaassurance #Icici Lombard
🛒 e-commerce, online travel, food delivery and ride-hailing, the GMV of the country’s internet economy currently stands at $155-$175 billion. This is about 48 per cent of India’s technology sector and may grow to 62 per cent by 2030
#Zomato, #Rategain #Nykaa
🚗 EV India will have 87 per cent electric vehicle (EV) penetration in new vehicle sales and 85 per cent localisation of the XEV value chain by 2047, the FICCI-YES Bank report’s on e-mobility said on Tuesday.
“The projected segment-wise penetration is 91 per cent for three-wheelers, 90 per cent for two-wheelers, 79 per cent for passenger vehicles, and 67 per cent for buses by 2047,” FICCI-YES Bank report ‘India@2047: Electric Mobility’ said.
✈️Airlines sector: Domestic airfares are expected to remain high for another six to seven months, or until airlines are able to induct more aircraft and sort out the issues with P&W engines. Report
Air India is to receive 25 new Boeing 737-800 aircraft and six Airbus A-350-900s in the second half of the year as a part of its huge 470 aircraft order. The Boeing 737-800s will most probably be used for flights within India while the Airbus A350s will be used for international flights. #IndiGo and Akasa are also set to receive more aircraft and increase supply in the domestic aviation market.
🔰 Non-insurance sector reported an 18.06 per cent rise year-on-year to Rs 18,031.48 crore for May (excluding specialised companies, Agricultural Credit Insurance Company of India, and ECGC), the latest data released by the General Insurance Council showed.
The general insurance companies, which is 91 per cent of the non-life market, grew 17.45 per cent in May to Rs 15,933 crore while health insurance companies reported a 22.94 rise to Rs 2,098 crore.
#NewIndiaassurance #Icici Lombard
🛒 e-commerce, online travel, food delivery and ride-hailing, the GMV of the country’s internet economy currently stands at $155-$175 billion. This is about 48 per cent of India’s technology sector and may grow to 62 per cent by 2030
#Zomato, #Rategain #Nykaa
🚗 EV India will have 87 per cent electric vehicle (EV) penetration in new vehicle sales and 85 per cent localisation of the XEV value chain by 2047, the FICCI-YES Bank report’s on e-mobility said on Tuesday.
“The projected segment-wise penetration is 91 per cent for three-wheelers, 90 per cent for two-wheelers, 79 per cent for passenger vehicles, and 67 per cent for buses by 2047,” FICCI-YES Bank report ‘India@2047: Electric Mobility’ said.
# TATA MOTORS: JAN UK JLR SALES AT 6010 UNITS VS 4211 UNITS (YOY)
# CNBCTV18Exclusive | #SourcesSay Rakesh Gangwal likely to sell another tranche of #IndiGo shares soon. Roadshows likely underway to gauge investor interest.
# SCI: SHIPPING CORP LAND AND ASSETS LISTING LIKELY WITHIN A MONTH, SAYS DIPAM SECRETARY
# TCS selected as a strategic partner by Europ Assistance, an insurance company
# OLECTRA: KSRTC TO INDUCT 300 EV BUSES: KARNATAKA CM
# L&T bags order in the range of Rs 2,500-5,000 cr from IndianOil Adani Ventures
# MAN INDUSTRIES: CO ALLOTED 13,62,395 EQUITY SHARES TO INVESTOR ASHISH KACHOLIA
# RAMKRISHNA FORGINGS: CO SECURES 13.16 MILLION USD OR ABOVE 100 CR RUPEES CONTRACT FROM PROMINENT NORTH AMERICAN AXLE MANUFACTURER
# BIRLASOFT: CO LAUNCHES ITS GENERATIVE AI PLATFORM COGITO
# SOM DISTILLERIES & BREWERIES: CO IS PLEASED TO ANNOUNCE AN IMPRESSIVE 51% YEAR-TO-DATE VOLUME GROWTH IN THE STATE OF KARNATAKA FOR THE CURRENT FINANCIAL YEAR
# GREAVES COTTON: CO'S RETAIL AUTOEVMART EXPANDS ITS RANGE OF ELECTRIC THREE-WHEELER BRANDS WITH THE INCLUSION OF ZERO21
# VA TECH WABAG: CO SECURES ORDER WORTH USD 33.5M FOR INDUSTRIAL WASTEWATER TREATMENT PLANT AT RAS TANURA REFINERY PROJECT, KINGDOM OF SAUDI ARABIA
# RAILTEL CORP: CO WINS ORDER WORTH 125 CR RUPEES
# AUROBINDO PHARMA: CO UNIT HAS ENTERED INTO AN ASSET PURCHASE AGREEMENT WITH EMPOWER CLINIC SERVICES NEW JERSEY, LLC TO DISPOSE OF ITS BUSINESS ASSETS AS A GOING CONCERN WITH RELATED ASSETS AND LIABILITIES AND EMPLOYEES
# CNBCTV18Exclusive | #SourcesSay Rakesh Gangwal likely to sell another tranche of #IndiGo shares soon. Roadshows likely underway to gauge investor interest.
# SCI: SHIPPING CORP LAND AND ASSETS LISTING LIKELY WITHIN A MONTH, SAYS DIPAM SECRETARY
# TCS selected as a strategic partner by Europ Assistance, an insurance company
# OLECTRA: KSRTC TO INDUCT 300 EV BUSES: KARNATAKA CM
# L&T bags order in the range of Rs 2,500-5,000 cr from IndianOil Adani Ventures
# MAN INDUSTRIES: CO ALLOTED 13,62,395 EQUITY SHARES TO INVESTOR ASHISH KACHOLIA
# RAMKRISHNA FORGINGS: CO SECURES 13.16 MILLION USD OR ABOVE 100 CR RUPEES CONTRACT FROM PROMINENT NORTH AMERICAN AXLE MANUFACTURER
# BIRLASOFT: CO LAUNCHES ITS GENERATIVE AI PLATFORM COGITO
# SOM DISTILLERIES & BREWERIES: CO IS PLEASED TO ANNOUNCE AN IMPRESSIVE 51% YEAR-TO-DATE VOLUME GROWTH IN THE STATE OF KARNATAKA FOR THE CURRENT FINANCIAL YEAR
# GREAVES COTTON: CO'S RETAIL AUTOEVMART EXPANDS ITS RANGE OF ELECTRIC THREE-WHEELER BRANDS WITH THE INCLUSION OF ZERO21
# VA TECH WABAG: CO SECURES ORDER WORTH USD 33.5M FOR INDUSTRIAL WASTEWATER TREATMENT PLANT AT RAS TANURA REFINERY PROJECT, KINGDOM OF SAUDI ARABIA
# RAILTEL CORP: CO WINS ORDER WORTH 125 CR RUPEES
# AUROBINDO PHARMA: CO UNIT HAS ENTERED INTO AN ASSET PURCHASE AGREEMENT WITH EMPOWER CLINIC SERVICES NEW JERSEY, LLC TO DISPOSE OF ITS BUSINESS ASSETS AS A GOING CONCERN WITH RELATED ASSETS AND LIABILITIES AND EMPLOYEES