investing Bharti Hexacom IPO opens; raises ₹1,923.7 cr via anchor investors A total of 97 anchor investors take part in the anchor book; they have been allocated 3.37 cr shares at ₹570 apiece By fortuneindia.com
investing Symphony, Havells, Voltas shares soar on IMD's heatwave alert During the 2024 hot weather season, above-normal maximum temperatures are likely over most parts of the country, says IMD. By fortuneindia.com
investing HAL, BEL, Data Patterns shares surge up to 10% after Jefferies' 'Buy' ratings Global geo-political tensions and India’s rising focus on self-reliance is boosting order flow and revenue growth for domestic defence cos, says Jefferies. By Chitranjan Kumar
investing Tata Technologies shares gain 7% on plan to form JV with BMW Both Tata Technologies and the BMW Group will equally hold 50% stakes in the joint venture (JV) company. By Chitranjan Kumar
investing Aditya Birla Fashion shares jump 15% on plan to list Madura Fashions as separate entity Madura Fashion business, consisting of brands such as Louis Phillippe, Van Heusen, Allen Solly & Peter England, Reebok, and others will be demerged into a separate listed entity. By Chitranjan Kumar
investing Adani Total Gas starts production at Barsana biogas project; stock jumps 8% Adani TotalEnergies Biomass, a subsidiary of Adani Total Gas, has begun operations at phase 1 of its Barsana Biogas Plant, located in UP. By Chitranjan Kumar
investing PNB Housing Finance shares rally 14% on rating upgrades; Morgan Stanley pegs 54% upside Last week, ICRA and CARE upgraded PNB Housing Finance's long-term ratings, citing its improved asset quality metrics as well as strengthened capitalisation profile. By Chitranjan Kumar
investing Infosys shares rise 2% on ₹6,329 cr tax refund The IT major will receive tax refund from the I-T dept for assessment years spanning from 2007-08 to 2018-19. By Chitranjan Kumar
investing Shapoorji Pallonji Group’s Afcons Infra files DRHP for ₹7,000 cr IPO The IPO is a mix of fresh issue of shares up to ₹1,250 crore and an offer for sale (OFS) of up to ₹5,750 crore by Goswami Infratech Private Limited. By Chitranjan Kumar
investing Adani Power, BHEL shares rise up to 4% on thermal project deal BHEL has received an order worth ₹4,000 crore from Adani Power for setting up the 2x800 MW thermal power plant at Raigarh, Chhattisgarh. By Chitranjan Kumar