📊 M&M’s total auto sales up 9% at 76,755 units vs 70,368 units 📊
🔸 Total auto sales up 9% at 76,755 units versus 70,368 units (YoY)
🔸 Total domestic PV sales up 16% at 43,277 units versus 37,270 units (YoY)
🔸 Total tractor sales at 21,917 units versus CNBC-TV18 poll uf 22,970 units
🔸 Total tractor sales up 1% at 21,917 units versus 21,676 units (YoY)

*📊 Top 7 Consistently Growing Midcap Stocks FIIs Added in Q1 📊***

📮 Foreign investors or FIIs are financial titans known for their sophisticated and flexible investment strategies aimed at achieving sky-high returns.

*📮*** They gauge several factors that ultimately shape their strategies, These include market conditions, company fundamentals, sectoral trends, risk management, investor sentiment, among other things.

1️⃣ Cello World
2️⃣ Kirloskar Brothers
*3️⃣ Elecon Engineering
4️⃣ Godawari Power
5️⃣ Archean Chemicals
6️⃣ Shriram Pistons
7️⃣*** Sharda Motor

*📊 Vistara To Bid Goodbye And Merge With Air India In November 📊***

📮 Ahead of the merger, the Indian government has approved Singapore Airlines’ investment in Air India, marking a significant step in the consolidation of the aviation sector.

*📮*** According to the Times of India, the government has approved Singapore Airlines’ FDI into Air India, giving SIA a 25.1% stake by investing ₹2,059 crore.

*📮*** Starting September 3, customers will be unable to book Vistara flights for travel after Nov. 12, 2024, and existing bookings after this date will be converted to Air India flights.

*📊 Stocks Held by Vijay Kedia under Rs. 250 📊*

*1⃣ Patel Engineering*CMP: ₹55
Holding: 1.42%

*2⃣ Om Infra*CMP: ₹210
Holding: 2.49%

*3⃣ Innovators Facade Systems*CMP: ₹220
Holding: 10.66%

*4⃣ Precision Camshafts*CMP: ₹240
Holding: 1.16%

*5⃣ Global Vectra Helicorp*CMP: ₹245
Holding: 4.86%

📊 Tata Sons Clears ₹20,000 Cr Debt To Avoid Share Market Listing 📊*
📮*** Produced from plant sources like sugarcane, corn, and wheat, ethanol is quickly becoming one of the most popular alternative fuels on the global stage.In a strategic move, Tata Sons, the holding company of the Tata Group, has repaid over ₹20,000 crore in debt, allowing it to remain unlisted and closely held, as reported by the Economic Times.

📮 The repayment of the debt by Tata Sons was a necessary step to avoid listing its shares, as per the Reserve Bank of India’s (RBI) regulations. The company has now voluntarily surrendered its certificate of registration to the RBI, having repaid nearly all its borrowings.

📊 Top 3 Stocks Set to Thrive from the Government's Agricultural Focus 📊

📮 The budgetary decisions of a nation have far-reaching effects on economic indicators, investor sentiment, and stock market performance.

📮 This is evident in the current fiscal year's budget, where the Indian government allocated Rs 1.52 tn to agriculture and allied sectors, an increase from the previous budget's allocation of Rs 1.25 tn.

*1️⃣ PI Industries
2️⃣ Coromandel International
3️⃣ Shakti Pumps*

Weekend Screening 💻**

Stocks in which Promoters and FII have increased their stake QoQ 👀**

• SBIN
• Grasim Industries
• ICICI Lombard
• MRF
• Apollo Tyres
• Ipca Lab
• Amara Raja Energy
• Vinati Organics
• Atul Ltd.
• Chambal Fertilisers

Do you own any?🤔****

🚆 Sector: Railways & its Proxies 🚆 The Order Book status of 15 companies in the railways and its proxy sector. 🔶 Rail Vikas Nigam Ltd: 🔹Order Book: ₹85,000Crore (as on Mar 31, 2024) 🔶 Ircon International Ltd: 🔹Order Book: ₹27,208 Crore (as on Mar 31, 2024)…

*🚆* Sector: Railways & its Proxies

🚆 The Order Book status of 15 companies in the railways and its proxy sector.
🔶 Rail Vikas Nigam Ltd:*🔹*Order Book: ₹85,000Crore (as on Mar 31, 2024)

*🔶 Ircon International Ltd:*🔹Order Book: ₹27,208 Crore (as on Mar 31, 2024)

*🔶 Titagarh Rail Systems Ltd:*🔹Order Book: ₹ 14,750Crore (as on Mar 31, 2024)

*🔶 Rites Ltd:*🔹Order Book: ₹ 5,690 Crore (as on Mar 31, 2024)

*🔶 Railtel Corporation of India Ltd:*🔹Order Book: ₹4700 Crore (as on Mar 31, 2024)

*🔶 Jupiter Wagons Ltd:*🔹Order Book: ₹ 7,10,166 lakh (as on Mar 31, 2024)

*🔶 *Ramkrishna Forgings Ltd:🔹Order Book: Secured a notable ₹270 crores order for the Vande Bharat Train Set.

Why do Companies Buy Back Shares? 📊*📊
📮*** Companies buy back shares to return value to shareholders by reducing outstanding shares, increasing earnings per share, and boosting stock prices. This signals confidence in the company's future and shows that management believes the stock is undervalued.

📮 Share buybacks improve financial ratios like EPS and ROE, making the company more attractive to investors. They also provide a flexible way to use excess cash without committing to regular dividends.

📮 Companies also buy back shares to offset dilution from stock-based compensation programs, maintaining a stable share structure and protecting shareholders' interests while still rewarding employees.