News Overview

The bonds must be paid in by October 12th. The exchange of bonds and funds between the issuer and the investors occurs on the pay-in date.

According to the statement, the company's borrowings were over Rs 35,000 crore, with a net debt to equity ratio of 1.7x.

This IPO, with a face value of Rs 2 per share, is a complete offer for sale (OFS), consisting of up to 19.63 million shares offered by the Promoter, Promoter Group, and other selling shareholders.

Foreign Institutional Investors (FIIs) are net sellers, offloading equities worth Rs 997.76 crore

Investors with very high risk appetite and want to invest for 3 to 5 years to diversify their portfolio across market cap should invest in Groww Nifty Total Market Index Fund.

Other Adani group stocks, including Adani Energy Solutions, ACC, Ambuja Cement, and NDTV, also traded higher.

In a December update, Dr. Reddy’s announced the dismissal of all claims against the company in the antitrust litigation

Total volumes for Q2 FY 2024 increased by 7.59% YoY to 12.3 TEUs

She was in charge of BHEL's transportation business division and electronics division production facility in Bangalore before taking over as director.

The proceeds generated from this IPO will serve multiple purposes, including the repayment of debts, bolstering working capital requirements, acquiring new machinery, and facilitating general corporate initiatives.