Adani Green Energy, Adani Energy drop up to 2% as IHC looks to sell shares
IHC, through its subsidiaries, holds a 1.26% stake in Adani Green Energy and 1.41% in Adani Energy Solutions, valued at around ₹3,327 crore based on Thursday’s closing prices.
Vedanta shares rise 2% after hitting 52-week low in previous session: here’s why
Vedanta plans to restructure its businesses such as aluminum, iron & steel, and oil & gas into separate listed entities, which could help its parent company manage its debt load.
Yatra Online makes weak debut; lists at 10% discount
The negative listing of Yatra Online was due to its high P/E valuation, reliance on the airline ticketing business, and the competitive nature of the travel industry, said an analyst.
REC, Punjab National Bank shares rise up to 6%; here’s why
REC and PNB will co-finance loans worth ₹55,000 crore over the next three years to the power sector and infrastructure & logistics sector projects.
IPO updates: Signature Global lists at 15.5% premium; Sai Silks opens 4% higher
Signature Global (India) shares were listed at ₹444 apiece on the NSE, while Sai Silks shares opened at ₹231 per share.
Suzlon shares fall 3% as Sun Pharma's Shanghvi terminates investor agreement
Dilip Shanghvi family and associate companies terminated shareholders' agreement with Suzlon, which was signed in February 2020.
From ₹1,200 to ₹5,801: This midcap stock surges 383% in a year
The stock touched a fresh all-time high today ahead of its board meeting on September 28 to consider fund raising plans.
Nuvama Wealth lists at ₹2,750 on NSE; falls 5% post debut
Post listing, Nuvama Wealth shares witnessed sharp volatility and locked in a 5% lower circuit limit of ₹2,612.50 and ₹2,564.10 on the NSE and BSE, respectively.
Sheela Foam raises ₹1,200 cr via QIP; stock jumps 4%
The board of Sheela Foam allocated 11,131,725 equity shares at an issue price of ₹1,078, a discount of 4.94% to the floor price of ₹1,133.99 apiece.
SBI raises ₹10,000 crore via infra bonds; stock falls
SBI’s infra bonds had a base issue size of ₹4,000 crore and a greenshoe option of ₹6,000 crore.