Stockarchitect
Adani Energy Solutions plans $360-million US bond issuance November 13th, 2023 23:27
"We are looking for a private placement of $360 million of transmission assets which were commissioned in the last three to four years. That is a size of $360 million, transactions and paperwork all are underway," Rohit Soni, chief financial officer, AESL told analysts on the company's Q2 earnings call.

Stockarchitect
Tata Technologies IPO to open for subscription on November 22 November 13th, 2023 23:27
This IPO is entirely an offer for sale of up to 6.08 crore equity shares for cash, which has been reduced from 9.57 crore shares earlier. Under the OFS, parent Tata Motors will sell 4.62 crore shares, Alpha TC Holdings will offload 97.1 lakh shares and Tata Capital Growth Fund will give up 48 lakh shares.

Stockarchitect
Manappuram Finance Q2 Results: Net profit rises 37% YoY to Rs 561 crore November 13th, 2023 23:27
Its total income rose to Rs 2,174 crore in the July-September quarter from Rs 1,714 crore in the same period of the previous fiscal, Manappuram Finance said in a regulatory filing.

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Grasim Industries Q2 profit rises 34% to Rs 2,024 crore November 13th, 2023 23:27
The company had posted a net profit of Rs 1,509.19 crore during the July-September quarter a year ago, Grasim Industries said in a regulatory filing.

Stockarchitect
Grasim Industries Q2 Results: Profit rises 15% YoY to Rs 1,164 crore November 13th, 2023 21:27
Revenue from operations in the reporting period rose 10% to Rs 30,221 crore against Rs 27,486 crore in the corresponding period of the previous year. The revenue growth was driven by the performance of key subsidiaries -- UltraTech Cement and Aditya Birla Capital. However, softening of realisations in Caustic Soda impacted the standalone performance.

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Grasim Industries Q2 net profit rises 15% to Rs 1,164 crore November 13th, 2023 21:27
Grasim Industries is the flagship company of the Aditya Birla group, having interests in textile, chemicals and cement businesses, among others.

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Fedbank Financial Services, Epack Durable and Suraj Estate Developers get Sebi nod to float IPOs November 13th, 2023 21:27
The issuance of observation letter by the regulator on the draft papers is considered as a green signal to launch IPOs

Stockarchitect
Federal Bank's arm Fedfina, IREDA get nod from Sebi to float IPOs November 13th, 2023 20:30
Going by the draft papers, the IPO of Fedbank Financial Services Ltd (Fedfina) consists of a fresh issue of equity shares aggregating up to Rs 750 crore and an offer for sale (OFS) of 7.03 crore equity shares by promoter Federal Bank and existing shareholder True North Fund VI LLP.

Stockarchitect
US stocks open lower as investors await inflation data November 13th, 2023 20:30
The Dow Jones Industrial Average fell 23.85 points, or 0.07%, at the open to 34,259.25

Stockarchitect
IREDA IPO to open on November 21, first PSU to go public since LIC November 13th, 2023 20:27
The IPO with a face value of Rs 10 consists of a fresh issue of up to 40.3 crore equity shares and an offer for sale (OFS) of up to 26.8 crore equity shares by the government. The price band for the issue will be announced soon.

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