Voltas said that the news of the planned sale was "totally incorrect and blatantly false, with no factual basis whatsoever" in a statement that was issued to both exchanges.
Recommendation: Buy; Target Price: Rs 590
The move occurs despite the Reserve Bank of India (RBI) having not changed interest rates in five straight policy reviews.
Crisil and Care Ratings rate the bonds AAA with a stable outlook and a 10-year maturity.
The contract is valued at Rs 2,259.94 crore and is for advanced metering infrastructure services
Tuesday saw spot gold touch its lowest level since October 24. The price of the metal was unchanged at $1,968.64 per ounce. US gold futures increased by 0.1% to $1,975.20.
Petrol and Diesel prices in cities across India on 08-11-2023
Recommendation: Buy; Target Price: Rs 5680
Recommendation: Buy; Target Price: Rs 750
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