News Overview

At the closing bell, the BSE Sensex rose by 375.61 points, or 0.46%, to settle at 81,559.54, while the NSE Nifty gained 84.20 points, or 0.34%, to finish at 24,936.40.

The project is based on an Engineering, Procurement, and Construction (EPC) reimbursable model, with the ceiling price set at ₹1,486,40,32,996.

The IPO, which included a fresh equity sale of 25.58 lakh shares and an offer for sale (OFS) of 6.16 lakh shares, garnered an amazing reaction from investors

Ather Energy was an exception to the general decline, experiencing a 7% increase in sales with 10,830 units sold in August.

For materials supply, which encompasses distribution transformers, cables, poles, and other components, 2,298 contracts valued at ₹3,921 Crore have been issued.

Non-Institutional Investors subscribed to 33% of their allotted segment while Retail segment of the IPO was subscribed 1.10 times.

The company is establishing advanced battery manufacturing facilities in both India and the UK.

Tolins Tyres, founded in 2003, is a tyre manufacturing firm. It offers tyre retreading services in India and sells to 40 countries.

Bajaj Housing Finance received a hefty ₹1,758 crore from anchor investors on Friday. The ₹6,560 crore initial share sale will end on September 11.

The big data point this week will be the inflation numbers from India and the US markets