News Overview

The momentum comes after inbound shipments climbed only 4.8% year on year to 305 tonnes in the first half of this year.

Sterling was unchanged at $1.33425. On Wednesday, it reached $1.3430 for the first time since February 2022.

The floor price for the sale is ₹433 per share, with the base issue consisting of 5.50% equity, corresponding to 1.08 Crore shares.

Equirus Capital Private Ltd and DAM Capital Advisors Ltd are serving as book-running lead managers for the IPO.

This comes after Hyundai Motor India Ltd gained license from financial markets regulator Sebi to conduct an initial public offering (IPO).

The organisation received the order from Sai Bandhan Infinium Pvt Ltd. According to the agreement, the project will be finished in stages by July 2025.

The stocks under F&O ban remain tradable in the cash market despite the restriction.

The offer price is set at ₹768, a 5% decrease from the closing price of ₹808. A 12-month lock-up term will apply to selling stockholders.

BMCC, founded in 2011, has a renewable exploitation permission for processing phosphate ore, and Coromandel purchased a 45% interest.

According to BSE block deal data, UBS Group's unit, UBS Principal Capital Asia, bought 30.72 lakh shares of Mumbai-based HDFC Bank.