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Brent crude futures had increased by 8 cents, or 0.11%, to $73.14 per barrel. At $69.32 per barrel, U.S. West Texas Intermediate crude futures increased by 10 cents, or 0.14%.

The selling shareholders in the OFS include Waaree Sustainable Finance and Chandurkar Investments.

At a cost of between ₹70,000 crore and ₹1 lakh crore, ONGC and BPCL independently intend to build a 12 mmtpa (million metric tons per annum) oil refinery each.

Spot gold was up 0.2% to $2,724.88 per ounce, having earlier in the session reached an all-time high of $2,725.81.

In February 2024, JFE Steel and JSW incorporated JSW JFE Electrical Steel Private Limited, a joint venture for GOES production.

After briefly breaking above 150 per dollar last week for the first time since early August, the yen was down 0.1% at 149.32 per dollar today.

Promoter Deepak Kumar Singal and his wife, Sunita Singal, will be the selling shareholders in the offer-for-sale.

Afcons Infrastructure is the flagship infrastructure, engineering, and building company of the Shapoorji Pallonji group, a diverse Indian conglomerate, with a 60-year history.

The EBITDA margin was 38.7% in the reporting quarter, up from 27.2% in the same period last fiscal year. 

Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) fell 26.8%, recording ₹434 Crore versus ₹593 Crore year-on-year.