News Overview

The money will be used to meet the company's capital expenditure needs as it grows to take advantage of the vast global potential.

The IPO comprises a fresh equity issue worth ₹325 Crore and an Offer for Sale (OFS) of 65.27 lakh shares, valued at ₹230 Crore, leading to a total IPO size of ₹555 Crore.

The company aims to use the net proceeds from the IPO towards repayment of debts, for working capital requirements and other general corporate purposes.

TVS Motor Company stock has gained a total of 60% in the last one year, and 24% since the beginning of the year.

Despite the ban in the F&O segment, these stocks can still be traded in the cash market.

The IPO of Waaree Energies Limited was opened for subscription from October 21 to October 23, 2024.

Hindalco has little to learn from Constellium's earnings report card, which revealed that its Q3 revenue decreased 5% year over year (YoY).

Revenue declined 29% quarter-on-quarter, falling to ₹12,086 Crore, down from ₹17,095 Crore in the previous quarter.

Adani Power's stock fell slightly on Wednesday, closing at Rs 583. In the past five years, the stock has given investors returns of nearly 800%

Operational revenue increased 13.3% to Rs 9228 crore, although it was less than the Rs 9421 crore analysts had predicted.