Sumitomo Wiring would sell almost 30 Crore shares through the block deal.
The IPO comprises fresh shares worth ₹250 Crore by the company and an offer-for-sale (OFS) of 11.92 million shares
Petrol and Diesel prices in cities across India on 06-03-2024
Spot gold was down 0.2% at $2,124.46 an ounce. Gold futures in the US dropped 0.4% to $2,132.90.
US West Texas Intermediate crude prices dropped 11 cents to $78.04 a barrel
Backed by stronger-than-expected U.S. economic statistics, the dollar has gained 2.4% year to date.
The stock entered the ban on Saturday, as BSE and NSE chose to keep the market open during the weekend holiday to assess the system's readiness in unforeseen circumstances.
The overall FPI buying in February was tepid, but the real action was in sectoral divergences.
The IPO is solely comprises an offer-for-sale (OFS) of shares worth ₹650 Crore
Asian markets fell on Wednesday in cautious trading.
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