Paras Defence will hold a 30 % stake in the venture, while CONTROP will hold the remaining 70%.
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.
Dixon is targeting the commencement of Xiaomi smartphone production by August-September.
Recommendation: Add; Target Price: Rs 165
Wipro plans to provide comprehensive training on Google Cloud's generative AI technologies to approximately 20,000 associates.
NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds
The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.
Recommendation: Buy; Target Price: Rs 220
Recommendation: Buy; Target Price: Rs 2335