The Sajjan Jindal-led JSW Group plans to raise upto Rs 2,800 crore via the primary route, which will be used towards retiring its debt as well as to fund its capacity expansion projects.
Among the popular names, the consolidated net profit of Alembic Pharmaceuticals surged 596 per cent to Rs 152.60 crore in Q4FY23 against Rs 21.92 crore in the same quarter a year ago.
JSW Steel stock climbed 0.72% to Rs 729.85 in early trade against the previous close of Rs 724.60 on BSE. Market cap of the firm rose stood at Rs 1.75 lakh crore on BSE.
Eveready Industries shares rose 56.74 per cent to hit a high of Rs 299.35 crore on BSE. Despite this, the stock has fallen 11.43 per cent year-to-date.