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.
The Confederation of Indian Industry's (CII) Green Business Centre developed the GreenPro ecolabel.
Recommendation: Add; Target Price: Rs 165
Page Industries’ stock nosedived to hit a new 52-week low of Rs 34,952.65 per piece.
India's steel demand is projected to reach 136.97 MT in FY25, growing at 6.3%.
Recommendation: Reduce; Target Price: Rs 35000
Company's stock price rises after its net profit rises by 40.7%.
Profit in the March quarter stood at Rs 832 crore.
NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds