News Overview

UltraTech expects to complete the acquisition within one month, with the transaction being conducted in cash.

The IPO comprises a fresh issue of ₹800 Crore and an offer for sale (OFS) of ₹1,151 Crore by existing promoters and shareholders.

The purpose of the MoU is to supply renewable energy for green ammonia plants in Andhra Pradesh.

Stanley Lifestyles raised ₹537.02 crore through its maiden public issue at the upper price band

The spot gold price was down 0.3% at $2,321.39 per ounce. Prices are up approximately 4% for the quarter.

Brent crude futures for August settlement, which expire on Friday, climbed 15 cents, or 0.2%, to $86.54 per barrel. The Brent price for September was also up 0.2% to $85.44 per barrel.

Low Japanese interest rates have encouraged the "carry trade" of selling yen for higher-yielding currencies.

On June 24, the Maharashtra-based company received ₹449 crore from institutional investors through the anchor book.

Here are some of the stocks that may see significant price movement today: HCL Technologies, Samhi Hotels, Polycab India, etc.

Prior to the public subscription period, Vraj Iron & Steel had raised more than ₹51 Crore from anchor investors.