The firm initiates a ₹175-Crore capex plan, with the first phase requiring an investment of ₹115 Crore.
Annual production is expected to be 6.6 lakh tonnes of ammonium nitrate.
Bharat Highways InvIT, which boasts a portfolio of seven road assets, launched the IPO with the goal of raising ₹2,500 Crore
UPL among worst performers on Nifty 50 last year due to debt concerns and downturn in agri-input industry.
Chemical companies such as Gujarat Fluorochemicals are eyeing battery supply chain, while existing players such as Amara Raja are boosting capacities.
The US private equity group is trying to employ financial consultants.
Spot gold was unchanged at $2,035.78 an ounce. US gold futures increased by 0.1% to $2,044.20.
The joint venture is valued at ₹70,352 Crore.
Overnight, Bitcoin surged above $63,000 as investors flocked to newly launched U.S. bitcoin exchange-traded funds.
Brent crude futures had dropped 22 cents, or 0.3%, to $83.46 per barrel.
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