Since November, the stock of the real estate company has zoomed 60 per cent as it had reported a strong operational performance for the September quarter (Q2FY24)
Posts in category Business Standard
Torrent Power surges 13% on signing Rs 47,350 cr-projects with Gujarat govt (04-01-2024)
The MoUs entail setting 3,450 MW of solar power projects, 1,045 MW of hybrid power projects, associated infrastructure for 7,000 MW solar project, green hydrogen/green ammonia output facility
Stars align for Indian sovereign bonds after first yearly gain since 2020 (04-01-2024)
The benchmark 10-year sovereign yield fell 15 basis points last year, the most in three years.
Stocks to Watch today, Jan 4: Adani Ports, NTPC, LIC, IT, Vedanta, OIL, IEX (04-01-2024)
Stocks to Watch on Thursday, January 4, 2024: The board of directors of Adani Ports and Special Economic Zone Limited (APSEZ) has approved raising funds up to Rs 5,000 crore
Nifty Energy, Pharma reaching near resistance levels; Check how to trade (04-01-2024)
Resistance for Nifty Energy index is anticipated around 34,000 and 34,300, signifying potential areas where selling pressure may intensify, as per Ravi Nathani
Gold down by Rs 270, silver falls Rs 300, trading at Rs 78,600 per kg (04-01-2024)
The price of 22-carat gold was down by Rs 250, with the yellow metal selling at Rs 58,500
Stock Market Live: Sensex jumps 450 pts; Bajaj Finance, NTPC soar 4% (04-01-2024)
Stock market LIVE updates on January 4, 2024: Bajaj Finance was up nearly 4 per cent after its AUM crossed the Rs 3 lakh crore-threshold for the first time in Dec quarter
IT stocks decline amidst growth concerns pulls Indian equity benchmarks (03-01-2024)
Brokerages have been advising their clients to tread cautiously while taking positions in IT stocks, citing weakness in discretionary demand
SC directs govt, Sebi to consider suggestions on regulatory reforms (03-01-2024)
Expert committee formed to probe Adani matter had submitted a slew of suggestions in May 2023
Shree Tirupati Balajee Agro, Vraj Iron and Steel file IPO papers with Sebi (03-01-2024)
Shree Tirupati Balajee Agro Trading Company (STB), and Vraj Iron and Steel have filed their preliminary papers with Sebi to raise funds through initial share sales.
The Initial Public Offering (IPO) of STB comprises a fresh issuance of up to 1.30 crore equity shares and an Offer For Sale (OFS) of up to 36.45 lakh shares by its promoter Binod Kumar Agarwal, as per the Draft Red Herring Prospectus (DRHP).
In the case of Vraj Iron and Steel, the IPO will be entirely fresh issue of equity shares worth up to Rs 171 crore.
According to its DRHP, STB will use the net proceeds from the fresh issue towards debt repayment by the company and its subsidiaries — Honourable Packaging Pvt Ltd, Shree Tirupati Balajee FIBC and Jagannath Plastics.
A portion of the proceeds will also be used towards funding the incremental working capital requirements of the company and general corporate purposes.
Madhya Pradesh-based STB is into manufacturing and supplying of Flexible Intermediate Bulk Container