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Its IPO of upto INR 4600 million is aimed at strengthening its balance sheet and also involves an offer for sale. 

Its competitive strategy is to acquire full buildings in high demand micro markets and renovate older Grade B properties.

Here are some of the stocks that may see significant price movement today: ONGC, Dalmia Bharat, Hyundai India, etc.

At close, the Sensex was down 13.53 points at 82,186.81. Meanwhile, the Nifty was down 29.80 points or 0.12% at 25,060.90.

Eleven though the demand is huge in amount, the company assured that it would not have any immediate financial or operational impact on the company.

The business posted an operating EBITDA of ₹883 Crore. This was 32% higher on a year-on-year basis to ₹669 Crore.

Afcons Infra said that this project has a completion timeline of 72 months from the commencement date after-receipt.

The company said that the revenue from operations for the quarter registered a 14% y-o-y growth at ₹2,076 Crore.

As part of the project, the company will install the turbines at the Tamil Nadu project site via First Energy’s special purpose vehicle (SPV).

An analysis of global markets also shows that Indian equities have underperformed significantly last week.