Home Market
Market

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

By admin
0
19
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

Money

Ayushman Bharat Yojana: Hospitals denying you treatment despite having Ayushman Card? Govt suggests THIS

admin - 0
The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is one of the flagship schemes launched by the Modi government to provide free medical care to citizens, especially from the economically weaker section in the society. However, concerns have been raised from time to time about its implementation, as several incidents have surfaced from different
Read more
Money

NPS Calculator: At 30, how much do you need to invest per month to retire with Rs 1 lakh pension?

admin - 0
NPS Calculator: The National Pension System (NPS) is one of the popular investment schemes that offer financial security and stability during old age as that is the time when retirees often lack a regular source of income. With life expectancy in India continuously increasing, it becomes more important for individuals to save for their golden
Read more
Money

Pension revisions from 3rd to 7th Pay Commission: Up to 100 pc additional pension for pensioners in THESE age groups!

admin - 0
Pay Commission pensions revisions: The Centre recently gave details about subsequent pension revisions and other reforms undertaken for senior citizen pensioners falling in the age bracket of 80 to 100 years. In the Rajya Sabha, Parliamentarians Sadanand Mhalu Shet Tanavade, Baburam Nishad, and Subhash Barala sought details on the increase in grievance redressal by Pension
Read more

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Money

Ayushman Bharat Yojana: Hospitals denying you treatment despite having Ayushman Card? Govt suggests THIS

admin - 0
The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is one of the flagship schemes launched by the Modi government to provide free medical care to citizens, especially from the economically weaker section in the society. However, concerns have been raised from time to time about its implementation, as several incidents have surfaced from different
Read more
Money

NPS Calculator: At 30, how much do you need to invest per month to retire with Rs 1 lakh pension?

admin - 0
NPS Calculator: The National Pension System (NPS) is one of the popular investment schemes that offer financial security and stability during old age as that is the time when retirees often lack a regular source of income. With life expectancy in India continuously increasing, it becomes more important for individuals to save for their golden
Read more
Money

Pension revisions from 3rd to 7th Pay Commission: Up to 100 pc additional pension for pensioners in THESE age groups!

admin - 0
Pay Commission pensions revisions: The Centre recently gave details about subsequent pension revisions and other reforms undertaken for senior citizen pensioners falling in the age bracket of 80 to 100 years. In the Rajya Sabha, Parliamentarians Sadanand Mhalu Shet Tanavade, Baburam Nishad, and Subhash Barala sought details on the increase in grievance redressal by Pension
Read more
Market

What are markets watching this week? Low activity in holiday-shortened week; focus on FII trends and global cues  

admin - 0
Stock market participants are expected to track global trends and the trading activity of foreign investors in a holiday-shortened week ahead, with no significant domestic triggers in sight, analysts said. The equity markets will remain closed on Wednesday for Christmas. Looking ahead, analysts pointed out that while no major domestic events are scheduled, several global
Read more
Market

India’s IPO market hits record Rs 1.6 lakh crore in 2024, eyes bigger 2025  

admin - 0
In 2024, fundraising through Initial Public Offerings (IPOs) in India hit a record high of Rs 1.6 lakh crore. This milestone was fueled by robust economic growth, favorable market conditions, and enhancements in the regulatory framework. The year saw diverse companies, ranging from large to small market capitalizations, tapping into the IPO route, with the
Read more
Load more
© businesstimes.co