News Overview

Dalmia Bharat (DBL) continues to monetize its non-core assets (Rs15.7 billion in the last two years), to invest in the Cement business. DBL plans to add 12mtpa (Rs80-90 billion capex) and acquire 5mtpa (Rs32 billion) of JP assets, taking total capacity to 54mtpa by FY24.

The IPO offered fresh equity shares of up to Rs 66 crore and was priced in a range of Rs 33-35 a share.

Tata Motors will provide these vehicles over a period of three years.

Quintillion is promoted by Raghav Bahl.

Here are some stocks that may show significant price movement today.

First Citizen will acquire SVB.

Brent crude futures decreased 2 cents to $78.10 a barrel.

Spot gold was up 0.1% at $1,958.85 per ounce.

US dollar index down by 0.14% to 102.6.

The bad loan portfolio is worth Rs 880 crore.