News Overview

RailTel is also preparing to participate in a government tender for the KAVACH system in locomotives.

Although trading is restricted in the F&O segment, these stocks are still available for trading in the cash market.

The company will use the net proceeds from the IPO for investing in Mehru Electrical and Mechanical Engineers, purchasing plant and machinery, and for other general corporate purposes.

These companies are now poised to tap the capital markets and raise funds for their growth initiatives.

Oswal Pumps specializes in manufacturing solar-powered and grid-connected submersible and monoblock pumps

Here are some of the stocks that may see significant price movement today: REC, Torrent Power, Infosys, Biocon, etc.

On September 17, Nifty 50 closed at record highs at 25,418.55 points, 0.15% or 34.80 points up while Sensex closed its day at 83,079.66 points, 0.11% or 90.88 points up.

On the BSE, the shares were listed at Rs 834 per share, a 73.75 percent premium over the issue price of Rs 480 per share.

The book building issue is proposed for listing on the BSE and NSE. The company plans to raise 492.88 crore.

The ₹777 crore IPO, which opened for subscription on September 16, will close on September 19. The price range is ₹249-263 per share.