Initially, the company will emphasize launching fixed-income products.
The business will be set up under a new venture ‘Novel Jewels Ltd.'
MTAR Tech shares rise as Plutus Wealth Management purchases over 4% stake, driven by impressive Q4 financial performance
Significant orders are valued between Rs 1,000 to Rs 2,500 crore.
On the sectoral front, the Nifty IT index is trading 2.23% lower.
Allcargo Logistics Stock Surges on Transindia Real Estate's Stake Divestment to Blackstone
The issue consists of sale of fresh equity worth Rs 350 crore, while promoters of the company will offload 90,00,000 equity shares via offer for sale (OFS) route.
Shares reaching a new 52-week high of Rs 129 is driven by optimism surrounding the Kavach system
The first two months of FY24 were absolutely phenomenal for FPI flows into equities.
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