In the early trade, the stock was down 1.8% on the National Stock Exchange (NSE) at ₹1,173 per share. On the BSE, it dropped 1.5% to ₹1,175.1.
The offering consists of a basic transaction worth up to ₹5,861 Crore ($700 million) and a greenshoe option worth up to ₹2,512 Crore ($300 million) in further funding.
As of January 2024, PN Gadgil Jewellers has the second-largest number of stores among big organised jewellery players in Maharashtra.
According to a press statement from the company, the project has an estimated development potential of 1.16 million square feet of saleable area.
In a separate announcement, IOC’s board has granted stage-1 approval for the construction of a Greenfield Terminal at Bihta, Patna, Bihar
The yen appeared to be on track for a 5% gain in July, aided by Tokyo's interventions and the unwinding of short-yen carry trades prior to the BOJ announcement.
Brent oil futures increased by 39 cents, or 0.5%, to $79.02 a barrel. The more active October contract saw a 47-cent increase to $78.54.
Recently, the company raised ₹8,500 Crore through a Qualified Institutional Placement (QIP)
Here are some of the stocks that may see significant price movement today.
The markets experienced a mixed session, erasing most gains and closing relatively flat as global equities showed varied performances.
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