The business will be set up under a new venture ‘Novel Jewels Ltd.'
Experimental work is being done, according to Indian Oil Corporation Director (R&D) SSV Ramakumar, at both its laboratory and the R&D facilities of the two engine manufacturers.
The Wonderla Holidays Ltd stock has delivered a return of 62.15 % over the past five years.
Multibagger Stock Declares Rs 3 per Share Final Dividend for Shareholders
Nirmal Lifestyle Developers’ Rs 790-crore debt is the largest loan available for sale.
According to Aditya Birla Capital Ltd., the preferential issuance would take place at a cost of Rs 165.1 per equity share and is pending approval from shareholders.
The floor price for the two-day OFS is set at ₹225 per share.
Recommendation: Add; Target Price: Rs 165
The facility will do research & development in cement and concrete.
The Scheme would invest in Securities covered by S&P BSE Housing Index and debt and money market instruments.