Adani Enterprise FPO fully subscribed at 1.03x.
QIBs portion subscribed 0.97x and NII portion subscribed 2.19x.
Retail portion subscribed 0.09x .
FPO closes on Jan. 31.
Source: Brokers to the issue
The FPO sees demand of over 1.25x total issue size.
QIB and NII portion fully subscribed.
Sources: People close to the issue
Adani Enterprises FPO Subscription Status: Day 3 Live Updates
Finance Minister Nirmala Sitharaman tables Economic Survey 2022-2023 in Parliament.
Source: Sansad TV
Lupin received a tentative approval from the U.S. drug regulator for DETAF Tablets.
DETAF stands for Dolutegravir, Emtricitabine and Tenofovir Alafenamide. This falls under the U.S. President's Emergency Plan for AIDS Relief.
The drug maker will produce the product at its Nagpur facility in India.
DETAF will also be a new addition in the management of HIV infection. It will also be available for supplies to low- & middle-income countries.
The scrip was trading 0.27% higher.
Source: Bloomberg, Exchange Filing
Adani Enterprises FPO Subscription Status: Day 3 Live Updates
The broader market indices traded higher, outperforming larger peers; S&P BSE MidCap was up 1.16%, whereas S&P BSE SmallCap was higher by 1.55%.
Fourteen out of the 20 sectors compiled by BSE advanced, while six declined in trade.
The market breadth was skewed in favour of the bulls. About 2,258 rose, 1,061 declined, 134 remained unchanged on the BSE.
Adani Enterprises FPO Subscription Status: Day 3 Live Updates
Adani Enterprises FPO Subscribed 3% On Day 2
The local currency weakened by 8 paise to 81.58 at open on Tuesday. It closed at 81.50 on Monday.
Source: Bloomberg
The yield on the 10-year bond opened flat at 7.40% on Tuesday.
Source: Bloomberg
FTSE Russell says Adani index constituents within its indices will continue to remain eligible.
Company says it continues to monitor publicly available information on Adani group companies, in particular by the Indian regulatory authorities.
Source: FTSE statement
Godrej Properties to develop a proposed residential project near Imagicaa Theme Park.
The land offers a development potential of approximately 1.9 million square feet.
The subject land is in close proximity to the Mumbai-Pune Expressway.
Source: Exchange filing
Piramal Enterprises Ltd. board approves raising Rs 500 crores of vis non-convertible debentures on a private placement basis.
Source: Exchange filing
Asia Stocks Extend Monthly Gain Before Fed, ECB: Markets Wrap
IMF Raises World Economic Outlook For The First Time In A Year
Kumar Mangalam Birla's Children Ananyashree, Aryaman Inducted On Board Of Retail Arm
Xiaomi's Global Vice President And Former India Head Manu Jain Resigns
Pain Persists For One Category Of Auto Sales Rise In January, Say Analysts
BPCL Q3 Results: Profit Drops On Higher Operating Expenses
Earnings Surprise, Signs Of Policy Easing Must To Push Nifty Above 18,000, Says Vinod Karki
Stock Market Today: All You Need To Know Going Into Trade On Jan. 31