News Overview

The company aims to raise Rs 379.4 crore through the initial public offering, with Rs 270.2 crore to be raised through a fresh issue and the remainder through an offer for sale.

So far this year, the shares have performed poorly, falling nearly 7% year to date.

The company reported a remarkable 62 % year-on-year increase in sales volume

This order win provides clearer revenue projections for Genus Power Infrastructures in the upcoming years and indicates a strong start to order inflow for FY24.

Moreover, the short-term rating of the company has been reaffirmed at A1+.

Adani Green has set a target to achieve a 45 GW portfolio by 2030, demonstrating its commitment to substantial renewable energy expansion.

The buyback resulted in the elimination of 4.91% of Wipro's shares.

On Nifty, biggest gainers in today’s session are Bajaj Finance and Bajaj Finserv.

The gold and diamond jewellery seller company, Senco Gold, has set the price range for its initial public offering (IPO) at Rs 301 to Rs 317 per equity share.

Following this development, HPL Electric’s counter surged to hit a new 52-week high of Rs 153.45.