The truncated week saw a positive close; despite FPIs being firmly on the selling side in equities
Although the company's pipeline remains strong, its first-quarter performance was disappointing.
The IPO will be exclusively a fresh issuance of equity shares valued at ₹1,590 Crore, with no offer-for-sale component.
FPIs net sold $926 Million in the week to August 16th, marking the third consecutive week of FPI selling
Eaglebay Investment, owned by Warburg Pincus, and PG Esmeralda Pte, part of Partners Group, are involved in the OFS.
Bali will join Yes Bank on August 26 and report to executive director Rajan Pental, according to a report by ET.
Tata Steel reported in an exchange statement on July 31 that it will owe Odisha Rs 17,300 crore in mineral tax as a result of the Supreme Court's verdict.
The EBITDA margin was 1.5% in the reporting quarter, down from 6.8% in the same period last fiscal year.
Ola Electric's sales climbed from ₹1,671 Crore in the fourth quarter of FY24, while its net loss decreased from ₹416 Crore reported for the quarter ending March 31, 2024.
Market breadth was positive, with 2,143 shares advancing, 1,195 shares declining, and 94 shares remaining unchanged.
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