The Nifty touched a record high at 25,174.55 and Sensex rose to 82,220.68. The indices opened almost flat with a mixed response from both indices in the opening hour
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The base size issue is Rs 400 crore, with an option to retain over-subscription up to an additional Rs 400 crore aggregating up to Rs 800 crore
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Brokerages note that the development puts the company back on its growth path and viewed it as a crucial step towards future expansion
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The subsidiary will supply, install and commission with FMS of about 5.59 million smart prepaid meters
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The firm secures new orders in its T&D business for a 400 kV transmission line in the UAE and 380 kV transmission line in Saudi Arabia
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In the Nifty 50 top gainers list, Cipla, along with Apollo Hospital and Sun Pharma, emerge as the top openers of the day
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In the Nifty 50 index, 29 stocks advance in the positive territory, while 21 stocks end in the red territory
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The sectoral index of IT trades with a lead of 1.96 per cent with stocks of major IT companies such as LTIMindtree, Wipro, and Infosys are trading as the biggest gainers in the trade
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