Amnish Aggarwal shares his cautious outlook on FMCG stocks, highlighting recent re-ratings and potential bottom-fishing post-results. He discusses the prospects of the Hyundai IPO, the competitiveness of Ola Electric in the EV market, and compares the potential growth of Maruti and Hyundai in India’s auto sector. Investors are advised to stay vigilant.
Central Bank’s OFS draws 1.28x subscription
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall