Patel Engineering hit an upper circuit limit of 5% at Rs 22.05 after the company said it bagged new order worth Rs 2,461 crore from Chenab Valley Power Projects.
The IPO consists of a fresh issue of equity shares aggregating to Rs 37,500 lakhs (Rs 375 crore) and an offer for sale (OFS) of up to 1,108,037 equity shares.
The International Energy Agency (IEA) released its monthly Oil Market Report (OMR) yesterday and stated that the world oil demand growth is forecast to slow to 1.9 mb/d in 2Q22 from 4.4 mb/d in 1Q22. IEA noted that the demand growth is now projected to ease to 490 kb/d on average in the second half of the year on a more tempered economic expansion and […]
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