Adani Power's stock fell slightly on Wednesday, closing at Rs 583. In the past five years, the stock has given investors returns of nearly 800%
The IPO of Waaree Energies Limited was opened for subscription from October 21 to October 23, 2024.
The IPO comprises a fresh equity issue worth ₹325 Crore and an Offer for Sale (OFS) of 65.27 lakh shares, valued at ₹230 Crore, leading to a total IPO size of ₹555 Crore.
Revenue declined 29% quarter-on-quarter, falling to ₹12,086 Crore, down from ₹17,095 Crore in the previous quarter.
Revenue from operations rose by 71% to ₹524 crore in Q2FY25, compared to ₹307 crore in Q2FY24.
Hindalco has little to learn from Constellium's earnings report card, which revealed that its Q3 revenue decreased 5% year over year (YoY).
Despite the ban in the F&O segment, these stocks can still be traded in the cash market.
TVS Motor Company stock has gained a total of 60% in the last one year, and 24% since the beginning of the year.
The company aims to use the net proceeds from the IPO towards repayment of debts, for working capital requirements and other general corporate purposes.
Operational revenue increased 13.3% to Rs 9228 crore, although it was less than the Rs 9421 crore analysts had predicted.

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