Recently, RITES announced a bonus share allotment of 1:1 and a final dividend of ₹5 per share for eligible shareholders.
On the NSE, market breadth shows 1,322 stocks advancing while 1,146 stocks are declining.
According to stock exchange records, Ecap Equities owned 8.44% of Nuvama and Edel Finance owned 5.18% of it at the end of the June quarter.
The IPO is valued at ₹341.95 Crore with a price band of ₹209 to ₹220 per share.
In August, the CDSCO banned more than 156 fixed-dose combination medications from the Indian market.
TPG Asia sold almost 2 Crore shares of the company, totalling ₹1,606 Crore. Norwest Ventures sold over 80 lakh shares for ₹644 Crore.
However, the Joint Forum, which represents a tiny but substantial section of the workforce, has decided to proceed with its strike plans.
The company said that ₹592.26 Crore will be paid in cash, while ₹239.25 Crore will be paid through a share transfer, resulting in a 3.17% holding in Nazara.
RailTel is also preparing to bid on a big government tender for the KAVACH system in locomotives. The tender opened on September 19.
Diffusion Engineers shares are expected to list on the BSE and NSE on Friday, October 4, 2024.

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