The floor price for the two-day OFS is set at ₹225 per share.
Earlier, the firm based in Bengaluru held a 50% stake.
Recommendation: Add; Target Price: Rs 165
Path to recovery could be longer, analysts of IIFL Securities see FY24 distribution to be flat YoY with higher interest outflow offsetting any NOI increase.
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
SBI Funds Management to complete the acquisition within 6 months.
The India's leading real estate investment trust (REIT) IPO has been subscribed 5.45 times on the final day of the offer.
In conversation with Sheetal Agarwal of IIFL, company management details the key areas of focus of the company, their contribution to the sustainability agenda and the impact created by ESG investments.