JSW Energy raises Rs 5,000 crore from Blackrock, GQG, and ADIA among others

Sajjan-Jindal-led JSW Energy Limited has raised Rs 5,000 crore by selling shares to institutional investors, including Blackrock Inc, Nomura, Wellington Management Company, GQGPartners, UBS Group, and Abu Dhabi Investment Authority (ADIA), the company said in a late regulatory filing on Friday. The proceeds from the QIP will be used to pare debt and also invest … Read more

JSW Energy: JSW Energy raises Rs 5,000 crore by selling shares to investors, including ADIA

New Delhi: JSW Energy Limited has raised Rs 5,000 crore by selling shares to institutional investors, including Abu Dhabi Investment Authority (ADIA), to accelerate its growth plans. In a late regulatory filing on Friday, the company informed that it has successfully completed its Rs 5,000-crore Qualified Institutions Placement (QIP). JSW Energy said the proceeds from … Read more

Promoters: Promoters of mid and small-cap companies purchase big in March fall

Promoters of at least 50 mid and small-cap companies have acquired shares of their firms from the open market since March 1 in the wake of declines in prices of many of these stocks. Jindal Stainless, JSW Energy, Zydus Wellness, Nuvoco Vistas, and Bharat Wire are among the companies in which promoters have purchased shares … Read more

Jefferies: Amber, Ambuja Cement, Axis Bank and Bharti Airtel among Jefferies’ top picks

Tata Steel. Share Price 149.70 03:59 PM | 18 Mar 2024 8.00(5.65%) Mahindra & Mahindra. Share Price 1856.05 03:59 PM | 18 Mar 2024 56.55(3.15%) JSW Steel. Share Price 804.40 03:58 PM | 18 Mar 2024 23.75(3.05%) Tata Motors. Share Price 972.45 03:59 PM | 18 Mar 2024 26.61(2.82%) Apollo Hospitals Enterprise. Share Price 6136.55 … Read more

Mid and smallcap stocks rebound sharply; was a bear attack just a 1-day show?

After a bear attack on Wednesday, bulls were quick to come back and pull small, and midcap stocks back in the green. The Nifty Midcap 100 index, which saw its biggest one-day fall in over a year on Wednesday, rebounded and rose 0.6% to 44,300 on Thursday. Meanwhile, the BSE Smallcap index gained close to … Read more