The company said the funds will be utilised by IWL to completely pare down its external term debt to achieve a net debt free status.
Notably, the stock has soared 10.23 per cent in the last two trading sessions
Shares of Mazagon Dock Shipbuilders are continued at their upward movement, hitting a new high of Rs 4,989, gaining 6.5 per cent on the BSE in Thursday's intra-day trade on healthy business outlook.
The uptick in the stock price came after the real estate player announced that it has signed a joint development agreement for a 1.2 million sq ft residential project in Bengaluru
Tile manufacturers are projected to achieve 5-6 per cent year-on-year (Y-o-Y) volume growth with stable margins, analysts said
On an hourly scale, MRPL has been showing a consolidation pattern above the 21, 50, 100, and 200-period Exponential Moving Averages (EMA)
Shakti Pumps (India) hit a new high of Rs 4,240.80 and has surged 27 per cent in past one week
The stock hit a record high of Rs 218.80, soaring 6.5% in Wednesday's intra-day trade, surpassing its previous high of Rs 215 touched on February 6, 2024.
The rise in the share price came after IEX announced a strong Q1 power market update
The uptick in stock price came after RVNL announced that it has emerged as lowest bidder (L-1) for a contract worth Rs 133 crore from Central Railway
Globally, growing number of parliamentarians are worried about legitimised gambling via stock exchanges which has social and financial implications, said CJ George, founder & MD, Geojit Financial
The uptick in stock price came after the company announced that it is expanding its manufacturing operations in the Northern part of India by establishing a new manufacturing plant at Raebareli, UP
Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector
Shares of Solar Industries India hit a new high of Rs 11,186.20, as they rallied 11 per cent on the BSE in Tuesday's intra-day trade on healthy business outlook.
The uptick in share price came after the company announced that it has completed the installation of a 35 MW DC capacity solar plant worth Rs 138 crore at Maharashtra
On a daily scale, Allcargo has formed a bullish alternate bat pattern following a sharp decline of 14 points, which translated into a substantial 19 per cent reduction in its price
All you need to know about different kinds of demat accounts; eligibility criteria, investment limit, charges and Sebi regulations.
The surge in the stock price came after the JSW Energy announced that its unit has inked a power purchase agreement (PPA) with SJVN
The uptick in the stock price came after the company announced a strong set of June quarter (Q1FY25) business update
The rise came following Orchid Pharma's announcement of a collaboration with pharmaceutical giant Cipla to introduce the antibiotic Cefepime-Enmetazobactam in India