Mar 26, 2021By: Rounak Jain
After a bumper listing yesterday, the stock will be in focus again today with Goldman Sachs having bought over 1.6 million shares and Plutus Wealth Management buying 1.5 million shares.
The company’s subsidiary has entered into a partnership with ABCD Technologies to digitise healthcare infrastructure in India.
It is all set to list on the bourses today, after being oversubscribed by 2.61 times.
It is expected to finalise and close the Bhushan Power & Steel Ltd deal worth ₹19,350 crore in payment to financial creditors of the latter.
The company has incorporated a new subsidiary Kutch Copper Ltd which will undertake manufacturing of copper cathodes, rods and more.
Jio Content, Jio Cable and Jio Internet will offload 19.1 percent stake in Hathway at a floor price of ₹25.25 via offer for sale on March 26 and March 30.
Jio Digital, Jio Television and Jio Futuristic will offload 11.6 percent stake in Den Networks at a floor price of ₹48.5 via offer for sale on March 26 and March 30.
The government-owned bank has declared its ₹399 crore loan to IL&FS as fraud.
It has been declared as the L-1 bidder by the NHAI for the development of a six-lane highway project in Andhra Pradesh worth ₹1,060 crore.
The company has declared a dividend of ₹2.5 per share with the record date being April 6.