By the end of the day, many heavyweight sectoral indices had managed to recover their losses.
The deal is expected to be finalized in the first half of fiscal 2025, subject to regulatory approvals.
All segments are expected to do well, except O2C.
JSW raised $500 million in April 2019 with a five-year bond at 5.95%, which is due for repayment this month.
Weak performance likely over the December 2023 quarter.
As part of its net zero promises, Indus Towers Ltd (ITL) plans to gradually increase its renewable energy portfolio to Giga Watt (GW) scale capacity.
According to the order, the business will offer equipment as well as some additional services.
Earlier this week, the firm released its quarterly results. Its net profit for the March quarter was ₹321.2 Crore
However, the broader market trended negatively, with the BSE MidCap index down 0.93% and the BSE SmallCap index down 0.51%.
Adani Group reported in February that by December 2023, the EBITDA of its portfolio firms had increased by 34% to ₹79,000 Crore
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