As per DRHP, promoters Padam Kumar Agarwala, and Varun Agarwal will be offloading 72.13 lakh equity shares.
The Asian markets were trading with marginal gains on Thursday morning, after the decision of Federal Reserve to cut rate by 50 basis points.
The dollar rose 0.58% against the yen, reaching 143.12. The euro slipped 0.04% to $1.1113, retreating from a three-week high.
The funds raised would be used for strategic acquisitions and business expansion, improving Nazara's potential to seize fresh growth opportunities.
Expected completion is within 24 months of signing the Power Purchase Agreement (PPA) between TPREL and MSEDCL.
Falling bond yields and rising gold prices clearly hint at first Fed rate cut happening on September 18, 2024
The vote may have seen the first dissent note in 19 years, but it also shows that the Fed cares
The spot gold price remained barely changed at $2,558.00 per ounce. Bullion reached a record high of $2,599.92 on Wednesday before falling.
Here are some of the stocks that may see significant price movement today: IREDA, Garden Reach Shipbuilders, Nazara Tech, etc.
China's industrial output growth dropped to a five-month low last month, while retail sales and new home prices fell further.
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