News Overview

Nifty IT and media each record losses exceeding 1%, while all broader market indices trade in the red.

The IPO garnered notable attention after securing Rs 21 crore from anchor investors on December 18.

Nebras Power's entry into the Indian renewable energy segment would mark its debut investment if the deal materializes

RBZ Jewellers disclosed in its filing to the exchanges that it has finalized the allocation of 21 lakh equity shares to anchor investors at INR 100 per equity share.

Over 10 emerging markets, Japan, Australia, and New Zealand transitioned in the final phase from the Viatris acquisition

The Adani Group, which consists of 18 integrated production plants and 14 grinding units, is presently the second-largest cement producer in the country, with a capacity of around 75 million tonnes.

The company aims to raise Rs 1,400 crore through the QIP, with a floor price of Rs 2,449.46 per share

The price band for the IPO is set at Rs 808-850 per share, and investors can bid for a minimum of 17 shares in one lot, with multiples thereafter.

The corporation also wants to focus on real estate development and redeveloping property that is not used by other PSUs in order to grow yearly profit to Rs 5,000 crore in five years from Rs 400 crore today.

Apollo Tyres' share price has risen dramatically this year, rewarding owners with a 43.68% return.