This special dividend will benefit Vedanta, the promoter with a 65% stake in Hindustan Zinc, aiding in further de-leveraging its balance sheet.
It was a week when the IT sector, once again, stood out like a beacon of hope for the stock market performance
Shriram Finance, Tech Mahindra, Sun Pharma, and TCS also reached their 52-week highs, further showcasing their robust performance.
Vietnamese authorities have extended the production sharing contract (PSC) for Block 06.1 in the Nam Con Son Basin until 2039.
Table Space and the Panchshil Group have formed an equally owned joint venture with an equity stake of Rs 800 crore for the Pune commercial project.
An equal weight fund overcomes the bias of investing in the typical market cap weighted indices
Retail investors will receive 35% of the issue size, eligible institutional investors will receive 50%, and non-institutional investors will receive the remaining 15%.
The revenues from the IPO will be used to fund the company's working capital and general business objectives.
According to news reports, 2.3 million shares, or 0.5% equity, worth ₹352.9 crore changed hands on Tuesday at an average share price of ₹151 per.
Share allocation is expected to be finalized on August 22, with refunds processed on the same day and shares credited to demat accounts on August 23.

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