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The new power plants, located close to coal mines, will minimize transportation costs, ensuring cost-effectiveness.

During the three-day subscription period from September 9 to 11, the IPO was significantly oversubscribed, with the demand reaching approximately 17 times the available shares.

The 13.88-acre plot on Pankha Road in New Delhi will be developed into a sophisticated residential and commercial space.

The stock experienced strong trading volume, with approximately 13.94 crore shares changing hands on the NSE.

Stan raised $2.7 million in January of this year from Aptos Labs, Maelstrom Fund, and other investors.

The site would be converted into residential and commercial space under the project, which is estimated to cost roughly ₹1,600 Crore.

India, the United States, and many other countries have recognised the importance of building a vital minerals supply chain.

The proposed loan portfolio sales, with conditions still to be finalised, would take place through a debt product known as pass-through certificates.

In terms of market breadth on the NSE, 1,486 stocks have advanced, while 932 stocks have declined.