The company's focus on debt reduction, working capital improvement, and expansion into specialty wires positions it for future growth.
On June 24, the Maharashtra-based company received ₹449 crore from institutional investors through the anchor book.
Brent crude futures for August settlement, which expire on Friday, climbed 15 cents, or 0.2%, to $86.54 per barrel. The Brent price for September was also up 0.2% to $85.44 per barrel.
Stanley Lifestyles raised ₹537.02 crore through its maiden public issue at the upper price band
Buyers and sellers of shares were not immediately known, since bourses will update the data after market hours.
The purpose of the MoU is to supply renewable energy for green ammonia plants in Andhra Pradesh.
The spot gold price was down 0.3% at $2,321.39 per ounce. Prices are up approximately 4% for the quarter.
The IPO comprises a fresh issue of ₹800 Crore and an offer for sale (OFS) of ₹1,151 Crore by existing promoters and shareholders.
Low Japanese interest rates have encouraged the "carry trade" of selling yen for higher-yielding currencies.
UltraTech expects to complete the acquisition within one month, with the transaction being conducted in cash.

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