JSW Steel and Maruti Suzuki hits 52-week high in Nifty.
FE10, incorporated in March 2024, is a special purpose vehicle focused on new renewable energy projects and has not yet reported any turnover.
Out of the total orders, the company expects to execute projects worth $23.28 million (₹204.86 Crore) by Q4 FY26.
This was a major block deal for Kotak Bank. In the large trade, about 3.22 Crore shares changed hands worth ₹6,256 Crore.
Of the fresh proceeds, the company plans to deploy around ₹340 crore for debt repayment, while the rest will be set aside for general corporate purposes.
The company further informed that the project is scheduled to be completed in the financial year 2026-27, subject to regulatory approvals.
It’s IPO of INR 19000 million is primarily aimed at providing liquidity to existing investors.
At around 2.19 PM, Glenmark Pharma was trading 2.97% higher at ₹2,112.90 per piece, against the previous close of ₹2,051.90 on NSE.
Here are some of the stocks that may see significant price movement today: Bajaj Auto, Sterling & Wilson Renewable, Vodafone Idea, etc.
Eicher Motors, Maruti Suzuki and M&M hits 52-week high in Nifty.
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