ET Intelligence Group: Northern Arc Capital (NACL), a mid-tier pan-India diversified nonbanking finance company (NBFC), plans to raise ₹500 crore through fresh equity to augment capital base and ₹277 crore through an offer for sale by some of the existing investors. Being a professional setup, the company has no promoter. The collective stake of selling … Read more
360 ONE Asset Management, which is at the centre of a controversy surrounding Sebi chief Madhabi Puri Buch in the Hindenburg report, on Sunday clarified that its offshore fund IPE-Plus Fund 1 never had any investment in shares of any Adani Group companies. “Throughout the fund’s tenure, IPE-Plus Fund 1 made zero investments in any … Read more
Shares of Adani Energy Solutions surged nearly 10% on Thursday after the $1-billion qualified institutional placement (QIP) was oversubscribed six times, garnering a demand of over Rs 50,000 crore according to an ET report. The stock also hit a fresh 52-week high of Rs 1,250 on the NSE amid significant volume, when 1.27 crore shares … Read more
Adani Energy Solutions launched a qualified institutional placement (QIP) on Tuesday to raise $1 billion (₹8,373 crore), showed a term sheet issued by the bankers. The issue comprises a base deal of up to ₹5,861 crore ($700 million) and a greenshoe option to upsize by up to an additional ₹2,512 crore ($300 million). The company … Read more
Apr 04, 2024, 03:26:38 PM IST Dividend yield is one of the most important factors to consider while investing in dividend-paying stocks. It is an indicator of the return that investors are earning on their shares. Religare Broking has filtered the list of 10 stocks based on their fundamental strength. Take a look: ETMarkets.com Sector: … Read more
