Diffusion Engineers' IPO received a strong response from investors, with an overall subscription rate of approximately 115 times at closing.
This would be the latest in a series of moves the bank has taken to normalise its balance sheet and enhance its NIM.
Avenue Supermarts reported a 14% year-on-year increase in standalone revenues to ₹14,050 Crore in September 2024.
Following the board's approval of a ₹1,525 Crore cash raise via preferential allotment technique on 23 September.
The lender's global operations increased by 10.23% year-on-year to ₹25.06 Lakh Crore, according to the company filing.
The approved dividend rate of 78% applies to equity shares with a face value of ₹10 each.
As markets entered into a rather tentative zone, it was the good old consumer stocks that stood out
JSW Steel has hit a 52-week high, standing out as the only stock to reach this milestone in the Sensex today.
Bajaj Housing Finance became one of the most successful listings in 2024, debuting with over 100% premium at ₹70 and ending the listing day with 135% gains.
Tanzania is also in talks with UK company Gridworks Development Partners LLP over a $300 million power-line project.
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