SJVN shares are expected to attract attention on November 22 after the company signed a Memorandum of Understanding (MoU) with the Energy Department of the Government of Rajasthan. The MoU aims to develop renewable energy projects in the state, including 5 GW of pumped storage projects and 2 GW of floating solar projects. This collaboration […]
Afcons Infrastructure is expected to see increased attention in the stock market on November 22 after receiving a Letter of Acceptance (LoA) from the Uttarakhand Project Development and Construction Corporation (UPDCC). The LoA is for civil and hydromechanical works related to the construction of a 130.6-meter-high concrete gravity dam as part of the Song Dam
Afcons Infrastructure Shares in Focus After Winning Rs 1,274 Crore Song Dam Project Read More »
NSE Investments, a wholly-owned subsidiary of the National Stock Exchange (NSE), will sell up to 20.32% of its stake in Protean eGov Technologies through an Offer for Sale (OFS). The floor price for the stake sale has been set at Rs 1,550 per share. The OFS includes a base offer of 10.16% equity, with an
NSE Investments to Sell 20.32% Stake in Protean eGov Tech via OFS at Rs 1,550 per Share Read More »
Construction services company Ganesh Infraworld has announced its Rs 99-crore initial public offering (IPO), set to open for subscription on November 29 and close on December 3. The price band for the IPO is fixed at Rs 78-83 per share. Key Details of the IPO: About Ganesh Infraworld: The West Bengal-based company specializes in engineering,
Ganesh Infraworld’s Rs 99-Crore IPO to Open on November 29 Read More »
Staffing firm Ciel HR Services aims to go public by filing draft papers with SEBI to raise funds through an initial public offer. It consists of a fresh issue of shares worth Rs 335 crore and an OFS of 47.39 lakh shares by existing shareholders, including promoters. Technology-driven HR solutions provider Ciel HR Services operates
Ciel HR Services Files for IPO, Plans Rs 335 Crore Fresh Issue Read More »
Adani Group stocks faced sharp declines on November 21, following bribery allegations against founder Gautam Adani by US federal prosecutors. Shares of Adani Enterprises, Adani Green Energy, and Adani Energy Solutions nosedived between 10-20% during early trading. Key Allegations: US prosecutors have charged Gautam Adani and other Adani Group executives, including Sagar R Adani and
Adani Group Stocks Plunge Up to 20% Amid US Bribery Allegations Against Gautam Adani Read More »
Pune-based automotive component manufacturing company, Belrise Industries limited has filed the draft papers with SEBI to raise Rs 2,150 crore through an initial public offering. The IPO consists of only a fresh issue which means that all money, net of expenses, will come directly to the company. Key Details of the IPO: Business Overview:Belrise Industries
Belrise Industries Plans Rs 2,150-Crore IPO to Reduce Debt, Files with SEBI Read More »
Coforge has successfully completed its open offer to acquire an additional 4.69% stake in Cigniti Technologies at Rs 1,415 per share. This increases Coforge’s total shareholding in Cigniti to 32.68%, up from 27.98%. In an exchange filing dated November 20, Coforge said it had acquired 12,80,374 equity shares. Further, 865 more shares are under process
Coforge Completes Open Offer for Cigniti, Stake Rises to 32.68% Read More »
Agrochemical company UPL Ltd plans to raise up to Rs 3,378 crore through a rights issue by offering 9.38 crore partly paid equity shares at Rs 360 each. The issue price represents a 34% discount to the closing price of Rs 545.5 on November 19. Eligible shareholders can subscribe to one equity share for every
UPL to Raise Rs 3,378 Crore via Rights Issue at Rs 360 per Share Read More »
Godrej Properties has expanded its footprint in Kolkata by acquiring a 53-acre land parcel in the fast-growing Joka micro-market. The company plans to develop residential plots on this site, targeting an estimated ₹500 crore in revenue, the company announced on November 20, 2024. Project Highlights Statement from Leadership Gaurav Pandey, MD & CEO of Godrej
Godrej Properties Acquires 53-Acre Plot in Kolkata’s Joka, Eyes ₹500 Crore Revenue Read More »
