Sep 15, 2021By: Rounak Jain
Its board has approved setting up a cement plant at Nawalgarh at an outlay of ₹4,000 crore.
Rakesh Jhunjhunwala-backed firm bought 50 lakh shares of Zee Entertainment at an average price of ₹220.4 per share. BofA Securities scooped 48.6 lakh shares at ₹236 per share.
Media reports suggest that the government is working on a telecom relief package, most likely in the form of a moratorium on AGR and spectrum dues.
Sansera Engineering IPO subscribed 53 percent on Day 1.
Listed at a 50 percent premium and ended 53 percent up on its first day on the stock exchanges.
Listed at a 2 percent premium, but ended 17 percent up on its first day on the stock exchanges.
LIC increased its stake in the company to 45.2 percent from 40.3 percent via preferential allotment of shares.
Moody’s upgraded the company’s rating to Ba1 from Ba2.
CRISIL upgraded the company’s rating to A from A-, while the outlook has been upgraded to Positive from Stable.