Speculators trimmed positions amid a weak global trend
Top sources in the ministry say investors are looking at pumping in around Rs 1,100 crore,
The promoter made an open offer to acquire 3.65 million or 25% stake in the company at price of Rs 245.85 per share.
The 30-share Sensex was up 339 points at 27,466 and the 50-share Nifty was up 95 points at 8,254.
Shares trade at Rs 598 as against issue price of Rs 645