While the valuation figure is potentially lower, LG Electronics India might raise as much as $1.7 billion in the IPO, which is more than originally anticipated
The book-built issue is a combination of a fresh issue of 42.04 lakh shares worth ₹50.02 crore and an offer for sale (OFS) of 19.99 lakh shares amounting to ₹23.79 crore.
Sensex Today | Stock Market LIVE Updates: The broader markets were lower, with the Nifty Midcap 100 lower by 0.28 per cent and the Nifty Smallcap 100 lower by 0.71 per cent
Nifty 50 has corrected 10 per cent from its peak in September 2024, Goldman Sachs said, driven by cuts in EPS growth following a slower macro as well as a sharp correction in valuation multiples
HAL share price rose after Ohio, US-based aerospace company GE Aerospace delivered the first of 99 F404-IN20 engines to Hindustan Aeronautics for Tejas Light Combat Aircraft Mk 1A Fighter Jet
Bharat Dynamics shares rose on the BSE after it informed its shareholders that it has won an order from the Ministry of Defence for the supply of armaments to Indian Armed forces