Metal stocks were trading in red, with the BSE Metal index decreasing 178.83 points or 0.54% at 32658.64 at 13:42 IST.
Posts in category Business Standard
Adani Power shares surge after incorporating new unit in Middle East (27-08-2024)
Adani Power’s share price surged 1.56 per cent at Rs 671.75 per share on the BSE in Tuesday’s intraday deals
National Infrastructure Trust files papers with Sebi for Rs 1,600 cr IPO (27-08-2024)
National Infrastructure Trust, an infrastructure investment trust sponsored by Gawar Construction Ltd, on Tuesday filed preliminary papers with the capital markets regulator for Rs 1,600 crore Initial Public Offering (IPO).
The IPO comprises a fresh issue of units aggregating up to Rs 1,200 crore and an Offer For Sale (OFS) of units valued up to Rs 400 crore by the sponsor selling unitholder, according to the Draft Red Herring Prospectus (DRHP).
Proceeds from the issue are proposed to be utilised towards providing loans to the project SPVs (Special Purpose Vehicles) for pre-payment of external borrowings, in part or in full from financial lenders and loans to project SPVs for repayment of unsecured loans availed by the project SPVs from the sponsor.
The issue will be made through the book building process wherein 75 per cent, excluding the strategic investor portion, will be available to institutional investors and 25 per cent to non-institutional investors.
The sponsor of the iss
Railtel Corp bags order worth Rs 71-cr from Eastern Railway (27-08-2024)
RailTel Corporation of India informed that it has received a work order worth Rs 70.93 crore from Eastern Railway.
Orient Technologies IPO: GMP hints double digit listing gains for investors (27-08-2024)
As investors await the listing of Orient Technologies’ shares on the bourses tomorrow, Wednesday, August 28, 2024, the grey market premium hints at a favourable debut for the company’s shares
Adani Energy Solutions Ltd slips for fifth straight session (27-08-2024)
Adani Energy Solutions Ltd is quoting at Rs 1048.25, down 0.48% on the day as on 13:19 IST on the NSE. The stock in last one year as compared to a 29.77% in NIFTY and a 67.77% lost in the Nifty Energy index.
Sensex jumps 115 pts; European mkt opens higher (27-08-2024)
At 13:30 IST, the barometer index, the S&P BSE Sensex added 114.93 points or 0.14% to 81,813.92. The Nifty 50 index gained 41.55 points or 0.15% to 25,047.80.
Here’s why Datamatics shares hit 20% upper circuit on Aug 27; details here (27-08-2024)
The shares of Datamatics surged after the company announced that it has partnered with technology behemoth Microsoft to build artificial intelligence (AI) solutions through Copilots.
Ceigall India shares rally 7% after net profits soar 69% in Q1FY25 earnings (27-08-2024)
Share price of Ceigall India rose 7.01 per cent at Rs 421.75 per share on the BSE in Tuesday’s intraday deals
Datamatics partners with Microsoft to develop its own AI-focused copilot solutions (27-08-2024)
Datamatics announced that it has partnered with Microsoft to develop its own copilot solutions focusing on process automation to accelerate business transformation for organizations.