Hyundai India is set to list on the National Stock Exchange on October 22, with a grand ceremony attended by top global leadership, dealers, suppliers, and analysts, showcasing its premium electric vehicle Ioniq5, following a fully-subscribed IPO that saw interest from top mutual funds and sovereign wealth funds.
Open Flip✨According to Motilal Oswal, Titan is expected to record net sales of ₹16,570 crore versus ₹14,430 crore in the second quarter. ✨Analysts see Trent is seen delivering a revenue of ₹4,936 crore in Q3 compared to ₹4,278 crore in the current quarter. ✨Analysts see Aditya Birla Fashion, to see revenue escalate to ₹4,790 crore in the festive quarter from ₹3,651 crore in Q2.
Open FlipWipro's Q2FY25 revenue exceeded estimates, driven by BFSI-led growth, with 3/6 verticals showing positive QoQ growth and a 35bps QoQ margin expansion. However, the company faces challenges in simultaneous growth across all verticals, with continued weakness in manufacturing and energy. The Q3FY25 guidance is muted, with a revised target price of INR 500.
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