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.
Analysts of IIFL Securities outlook for Kharif is in general positive, as Kharif season would see limited impact of El Nino in coming months
The floor price for the two-day OFS is set at ₹225 per share.
Company’s tractor export declined to 463 units in May 2023.
Recommendation: Add; Target Price: Rs 165
The company has also announced revisions in other soda grades of soda ash across the country.
Recommendation: Buy; Target Price: Rs 2400
Recommendation: Reduce; Target Price: Rs 22800
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.