A spokesman for Vedanta's semiconductor and display business stated that talks between the two companies over the display fab are ongoing.
The IPO includes a fresh issuance of shares worth Rs 400 crore by the company and an offer-for-sale (OFS) of 1.56 crore equity shares by promoters and investors
Most sectors exhibited positive momentum, with realty, oil & gas, healthcare, and capital goods marking a 1 percent uptick
The company currently operates a renewable energy (RE) portfolio of 8.4 GW, comprising solar, wind, and hybrid capacity
Even though Info Edge invested Rs 288 crore in the firm, the remaining amount represents the notional loss from the former, higher valuation that the company was able to secure.
The USFDA closed the inspection of Gland Pharma's Vizag unit, which took place from July 20 to July 28
This approval allows Caplin to market a generic version of Zemuron® Bromide Injection by Organon USA Inc
Recommendation: Add; Target Price: Rs 330
From FY25 onwards, the business intends to add 5 GW to its RE portfolio per year.
Recommendation: add; Target Price: Rs 690
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