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The project is being executed on an Engineering, Procurement, and Construction (EPC) basis, with a construction timeline of 30 months.

The Fed statement on September 18 may have looked simple, but the 50 bps rate cut had its own detractors and sceptics

The fund will invest in the portfolio of predominantly in equity and equity related securities of multinational companies (MNC).

The allocation of shares is divided: 50% for QIBs, 35% for retail investors, and 15% for NIIs. Investors can place bids for a minimum lot of 157 shares.

The project, awarded on October 9, 2024, involves the integrated development of 20-metre wide roads and above, including flyovers, minor bridges, and street lighting under the NAINA project.

The Adani Enterprises QIP follows a similar institutional share sale of Adani Energy Solutions Limited at the end of July.

Over the past year, NBCC (India) Ltd stock has risen by an impressive 178.61%, and it has gained 110.50% since the beginning of the current year.

WABAG's excellent track-record with RIL for almost 3 decades and a technically superior & competitive bid ensured this repeat order win.

The NSE updates the list of banned securities in the F&O segment daily based on their position limits.

The NFO is available for subscription from October 10 to October 24.