Unimech Aerospace will use the IPO proceeds towards funding purchase of machineries and equipment; funding working capital requirements; repayment / prepayment of certain borrowings; and general corporate purposes.
Marketbuzz Podcast: Indian markets may open in the red according to the GIFT Nifty. Watch out for stocks like Mazagon Dock, ITC, Easy Trip Planners.
Ahead of the issue opening, Indo Farm Equipment has garnered ₹78.04 crore from 11 institutional investors via its anchor book launched on December 30.
Citi said that any progress on Vodafone Idea’s debt funding will be a key monitorable going forward and an added trigger for both Vodafone Idea and Indus Towers.
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,644.90, while Sensex ended at 78,248.13.
Australian stocks fell about 0.7% in early trade Tuesday, with futures also pointing to a downbeat open in Hong Kong. A gauge of regional equities is set for its first quarterly loss this year. US contracts edged lower in Asia,…
West Texas Intermediate futures held above $71 after rising 0.6% on Monday, while Brent closed near $74.
At one point, the Dow Jones was down over 700 points. Trading remained thin as the SPDR S&P 500 Trust had 47 million shares traded, a relatively low volume on a day with a significant market fall.
According to a circular uploaded on BSE’s website, Indo Farm Equipment has allotted 36,30,000 equity shares to 11 anchor investors at ₹215 per equity share.
Shares of Jubilant Ingrevia Ltd ended at ₹810.25, up by ₹9.30, or 1.16% on the BSE.