Home Market
Market

Torrent Power opens QIP, sets price Rs 1,555.75 per share

By admin
0
61
Torrent Power opens QIP, sets price Rs 1,555.75 per share

Torrent Power launched its qualified institutional placement (QIP) of its shares on Monday. The company has fixed a floor price of Rs 1555.75 per equity share for the QIP, it said in a stock exchange filing. This represents a 1.60 % discount to the closing market price of Torrent Power share at Rs 1,581.10 apiece on Monday.

Also ReadOLA Electric stages smart recovery- Shares jump 15% from intra-day lows after CEO Bhavish Aggarwal announces aggressive expansion plans

The company’s stock gained 4.66% in the closing. The fundraising was to finance acquisitions. The company is planning to raise Rs 4000 crore QIP, reports said earlier. Though shareholders gave approval for Rs 5,000.

 » Read More

Previous articleRBL Bank shares recover after 5 per cent intraday plunge
Next articleSEBI clears CMD’s indirect stake buy in Shriram Properties
adminhttps://businesstimes.co

Related Articles

Market

Dividends payout alert: MSTC, RailTel, ADC India set April 2 deadline, over Rs 30 up for grabs

admin - 0
Who doesn’t love some extra cash boost? If you are an investor looking for dividend opportunities, three companies – ADC India Communications, MSTC, and RailTel Corporation have set today, April 2, as the record date for their interim payouts. With a combined total of Rs 30.5 per share up for grabs, here is a detailed
Read more
Market

Bharat Electronics Share Price Today Highlights: Bharat Electronics on the radar

admin - 0
Bharat Electronics Share Price Today Highlights: The Bharat Electronics share is in news and the counter closed trade on 01 Apr, 2025 at Rs 292.15. The shares touched intraday high of Rs 305.8 in the last trading session while the intraday low was at Rs 290. The company’s market capitalization, as on 01 Apr, 2025
Read more
Market

Swiggy Share Price Today Highlights: Swiggy on the radar

admin - 0
Swiggy Share Price Today Highlights: The Swiggy share is in news and the counter closed trade on 01 Apr, 2025 at Rs 331.55. The shares touched intraday high of Rs 339.3 in the last trading session while the intraday low was at Rs 325.6. The company’s market capitalization, as on 01 Apr, 2025, is at
Read more

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Market

Dividends payout alert: MSTC, RailTel, ADC India set April 2 deadline, over Rs 30 up for grabs

admin - 0
Who doesn’t love some extra cash boost? If you are an investor looking for dividend opportunities, three companies – ADC India Communications, MSTC, and RailTel Corporation have set today, April 2, as the record date for their interim payouts. With a combined total of Rs 30.5 per share up for grabs, here is a detailed
Read more
Market

Bharat Electronics Share Price Today Highlights: Bharat Electronics on the radar

admin - 0
Bharat Electronics Share Price Today Highlights: The Bharat Electronics share is in news and the counter closed trade on 01 Apr, 2025 at Rs 292.15. The shares touched intraday high of Rs 305.8 in the last trading session while the intraday low was at Rs 290. The company’s market capitalization, as on 01 Apr, 2025
Read more
Market

Swiggy Share Price Today Highlights: Swiggy on the radar

admin - 0
Swiggy Share Price Today Highlights: The Swiggy share is in news and the counter closed trade on 01 Apr, 2025 at Rs 331.55. The shares touched intraday high of Rs 339.3 in the last trading session while the intraday low was at Rs 325.6. The company’s market capitalization, as on 01 Apr, 2025, is at
Read more
Industry

Tech stocks: 4 key factors to watch out for ahead of Q4 earnings

admin - 0
The technology companies like TCS, Infosys, Wipro, HCL Tech are in focus. The Q4 earnings season kicks off in a matter of days and the marquee tech numbers take the lead in announcing the Q4 performances of the companies. The tech results are particularly important given the uncertainty globally and the economic challenges worldwide. They
Read more
Industry

Mumbai realty firms’ scrips fall as stamp duty set to rise

admin - 0
Shares of Mumbai-based real estate companies fell as much as 3.34% after the Maharashtra government increased ready reckoner rates for property transactions. The state government increased ready reckoner rate for Mumbai properties by an average of 3.39% for FY26. Ready reckoner rates are the minimum rates at which government charges stamp duty and registration for
Read more
Load more
© businesstimes.co