Prior to the public subscription period, Vraj Iron & Steel had raised more than ₹51 Crore from anchor investors.
FIH has a 49.72% share in the bank as of March 31, 2024, which will be reduced to almost 40% following the stake sale.
On June 24, the Maharashtra-based company received ₹449 crore from institutional investors through the anchor book.
Here are some of the stocks that may see significant price movement today: HCL Technologies, Samhi Hotels, Polycab India, etc.
Cement stocks, particularly UltraTech Cement, saw a rise of 4.3%, while Grasim Industries gained 2.6%.
Manappuram Finance's shares have increased by more than 74% since its 52-week low of ₹122.7 on July 14, 2023.
Subrahmanyan, also known as SNS, joined the board of L&T Infotech on January 10, 2015. He was named Vice Chairman of L&T Infotech on May 4, 2017.
Overall, the positive momentum from the previous two days continued, propelling both Sensex and Nifty to new highs.
According to Prasad Patwardhan, CFO of ITD Cementation, the company now has an order book of over ₹7,000 Crore.
Positive sentiment in Asian markets with potential for a fifth month of gains.

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