The money raised will be used to expand the business offerings and capitalise on large-scale prospects in the Indian wind industry
Adani Energy Solutions Ltd stock has gained a total of 26% in the last one year, and almost 1.96% dip since the beginning of the year.
Despite negative growth in oil extraction and gas, oil refining and steel more than made up for it
The retail and non-institutional investor (NII) categories had high demand, with subscriptions at 8.49 and 10.57 times, respectively.
The government is going slow on fiscal deficit this year and looks keen to defend the 4.9% target
The quota set out for retail individual investors (RIIs) was used 3.03 times. The issue received 8.08 subscriptions in the NII category.
Coal consumption in August fell to 52.1 MT, down from 59.1 MT in the same month the previous fiscal year.
The company's total exports increased by 26% to 3,060 units last month, up from 2,423 units the previous year.
The top performers in Nifty include Bajaj Finance, LTI Mindtree, HCL Tech, Bharti Airtel, SBI Life Insurance, IndusInd Bank, Infosys, Hero MotoCorp, Cipla, and ICICI Bank.
The Q1FY25 GDP was lower along expected lines and full year GDP may trend closer to 7%
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