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Hcmf: This partnership aims to provide cutting-edge technology backed by state-of-the-art manufacturing of sunroof and closure technology products for passenger cars by localization in India, Minda Corp said.
Minda Sales 2023: Minda Corp delivered consolidated revenue of INR 1,196 crore in Q2FY24, registering better-than-industry growth of 7% YoY. The growth was driven by robust demand in the domestic market, an increasing share of business with key customers, and product premiumisation, despite continuing headwinds from exports on the back of geo-political issues, the company said.
Nifty on Thursday ended 265 points down to end the monthly F&O expiry day close to its 200-DMA at 18830 and formed a long bear candle on the daily chart. With three successive long bear candles, the index has now formed three black crows on the charts which signal more trouble in the short term
On the sectoral front, bank, metal, power, realty, oil & gas and pharma down 0.3-0.9 percent, while auto index up 0.5 percent.
Top stock picks: From here on, market will become stock specific as a lot of companies are announcing provisional updates for the second quarter (Q2) of financial year 2023-24 (FY24), Sunny Agrawal told BT TV.