Analysts believe that the increases are attributable to the expectation of an increase in freight prices as a result of a logistic bottleneck created by the continuing Suez Canal situation.
This is the biggest agreement of its kind in the nation for smart metres.
The price band for the issue was set at Rs 266-280 per share.
It said that the loan documentation would become active after all applicable clearances will be obtained.
Despite the business ensuring that it will set up provisions for certain risks, the stock plummeted nearly 4% today.
All the sectoral indices are trading in the green
The price band for the issue has been fixed at Rs 499-524 per share, with a lot size of a minimum of 28 equity shares
The primary use of the fresh proceeds will be for working capital requirements amounting to Rs 80.75 crore.
According to news reports, Sony's readiness to engage in good faith negotiations with Zee is a major relief for the merger since it guarantees collaboration between the two companies.
The subscription window for the Innova Captab IPO opened on December 21, 2023, and is set to close on December 26, 2023.

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