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IPO proceeds aim to raise ₹130.2 Crore solely through fresh issue of 62 lakh shares, allocated with 50% for QIBs, 15% for NIIs, and 35% for retail investors.

Revenue from operations also saw a substantial rise, climbing by 16.2% to ₹3,710.6 Crore from ₹3,192.1 Crore in the same period of the preceding fiscal year.

AstraZeneca Pharma stated that the approval sets the stage for the launch of Trastuzumab deruxtecan in India for the specified additional indications, contingent upon receiving any related statutory approvals.

Across various sectors, the Nifty Bank rose by 0.39%, the Auto index surged by 1.22%, and the Oil & Gas index witnessed a gain of 1.77%.

Demand continues to be muted despite the early onset of summers in 2024; additionally, weak consumer sentiments inhibited full price pass-through, with a recovery anticipated only post-elections. Wide presence across price points, focus on premiumisation and launch of new products with robust distribution network aided share gains in fans, geysers, pumps etc.

The portfolio is built utilizing a combination of the top-down and bottom-up portfolio construction process, focusing on the fundamentals of each stock, including quality of management and prevailing valuations.

According to certain reports, bank management reportedly encouraged ICICI Securities shareholders to provide screenshots of their vote results.

Shyam Metalics & Energy recently announced its expansion into a greenfield project focused on aluminum flat-rolled products, with plans to invest ₹450 Crore, facilitating group capacity expansion.

Brent crude futures for May drop by 0.8% to $85.56 a barrel, with the June contract declining by 0.7% to $85.03.

MSIL's accomplishment adds it to the league of esteemed companies such as RIL, TCS, HDFC Bank, Infosys, and others, which have achieved similar milestones in terms of market capitalization.