The money raised from this new issuance will be utilized to pay down existing debt, invest in capital expenditures like commercial vehicles, containers, and reach stackers, with any leftover funds going towards general corporate needs.
Posts in category Economic Times
Stock market update: Nifty Bank index falls 0.25% (24-09-2024)
The Nifty Bank index closed 0.25 per cent down at 53968.6.
M&M, JSW Steel among 6 Nifty50 stocks that hit new 52-week highs on Tuesday (24-09-2024)
Indian stocks hit fresh records for the fourth straight day, boosted by last week’s US rate cut and China’s new stimulus, which lifted commodity-related stocks.
Stock market update: Power stocks up as market falls (24-09-2024)
The 30-share BSE Sensex closed down 14.57 points at 84914.04
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (24-09-2024)
Shah Alloys, Sonam Clock, S H Kelkar & Co., AstraZeneca and Chaman Lal Setia, hit their fresh 52-week highs during the day.
Stock market update: Stocks that hit 52-week lows on NSE in today’s trade (24-09-2024)
SBI Life, HUL, Grasim Inds., UltraTech Cem. and Shriram Finance were among the top losers on NSE in today’s trade.
Stock market update: Fertilisers stocks up as market falls (24-09-2024)
The 30-share BSE Sensex closed down 14.57 points at 84914.04
Stock market update: FMCG stocks down as market falls (24-09-2024)
The 30-share BSE Sensex closed down 14.57 points at 84914.04
Stock market update: Mining stocks mixed as market falls (24-09-2024)
The 30-share BSE Sensex closed down 14.57 points at 84914.04
Profit booking drags D-St lower; Nifty slips below 26K, Sensex ends flat (24-09-2024)
Benchmark equity indices closed flat on Tuesday after hitting record highs. Nifty50 surpassed 26,000 and Sensex crossed 85,000 for the first time. Sensex slipped 14 points to settle at 84,914, while Nifty inched up by 1 point to close at 25,940. Sectors like Auto, IT, Pharma, and oil & gas ended in the green.