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Destocking amid falling prices, subdued sales due to Chinese dumping and sales deferral on account of the move over to just-in-time inventory — were the key reasons cited by the companies.

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The securities are restricted due to crossing 95% of the market-wide position limit (MWPL), as reported by NSE.

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The IPO consists of a fresh issue of 96.05 lakh shares worth Rs 292 crore and an offer-for-sale of 99.01 lakh shares worth Rs 301 crore.

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IREDA IPO opened for subscription on November 21, 2023 and close today November 23, 2023.

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The warning letter, received on November 18, pertains to routine GMP inspection at Cipla's Pithampur facility conducted on February 6 and 7, 2023.

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The IPO is intended to facilitate a partial or complete exit for government-owned Telecommunications Consultants India (TCIL), which holds a 30% stake in Bharti Hexacom.

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Despite the challenging environment due to deficit monsoon, dry spells and lower pest attacks, farm input companies performed better in the Indian market vs overseas

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IndiGo plans to contest the order, which seeks Rs 740 crore recovery for Assessment Year (AY) 2016-17 and Rs 927 crore recovery for AY 2017-18.

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Bajaj aims to achieve monthly sales of 10,000 units for the upcoming two-wheeler CNG model.

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After RBI requested lenders to be cautious, it raised risk weights on unsecured lending.

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