The business will be set up under a new venture ‘Novel Jewels Ltd.'
Analysts of IIFL Securities cut estimates by ~10% for FY24-25 and downgrade to REDUCE.
Analysts of IIFL Securities see increased competition coming in from ASTRA and Tile players in FY24.
Analysts of IIFL Securities see either a spike in oil, price cuts towards H2 or a combination of both playing out.
On Tuesday, the Indian rupee showed gains against the US dollar
The issuance will take place in one or more tranches. The funds will be raised on a private placement basis.
Petrol and Diesel prices in cities across India on 06-06-2023
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.
Refractory materials are used in the steel industry to line the internal furnaces used in the production of iron and steel.
Promoters Hardeep Singh and Sumeet Kaur will participate in the OFS by offloading 60 lakh and 30 lakh equity shares respectively.