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Stocks that were in focus included names like Campus Activewear, which rose 3.24%, Devyani International, which increased 1.24%, and Hindalco, whose shares closed flat on Wednesday. ....
What Hindalco intends to do with the proceeds is still unknown. There are no details beyond the fact that the IPO proceeds will benefit AV, with no direct financial impact on Novelis s balance sheet ....
Whirlpool Corporation on Tuesday sold 30.4 million shares, constituting 24% stake in its Indian unit Whirlpool of India through the open market for $468 million. ....
India Business News: Kumar Mangalam Birla plans to launch an IPO of Novelis, his aluminium company, in the US market. It will be the first Indian conglomerate to sell comm ....
Brokerage firm Nuvama maintained a hold rating on Hindalco, Jefferies downgraded Biocon to underperform, Elara Capital recommended an accumulate rating on Zomato and Sharekhan recommended a buy rating on Schaeffler India. ....