Tempsens Instruments IPO listing in focus. Here’s what GMP signals ahead of debut

The Tempsens Instruments IPO was subscribed 184.07 times on the last day of bidding.  Tempsens Instruments IPO is all set to make its stock market debut on Friday, 27 August. The shares of Tempsens Instruments will be listed on both exchanges – BSE and NSE. The allotment of Tempsens Instruments IPO was finalised on Tuesday,…

Maruti Suzuki Q1 Results: Net profit drops 9% as margin pressure offsets revenue growth; post-record sales

Maruti Suzuki reported a 9.1% YoY decline in profit to ₹3,446.9 crore despite a 35.9% increase in revenue to ₹52,469 crore. Higher input costs and expenses pressured profitability, leading to a price hike of up to ₹30,000 across its vehicle range. India’s largest passenger vehicle maker, Maruti Suzuki India Ltd, reported a muted set of…