This is likely to be higher than consensus valuation and should be seen as a positive. If this is a wider second round of stake sale it will validate this valuation and act as a soft floor for Reliance’s stock.
Ellenbarrie Industrial Gases shares rallied 5.10% after the company secured a Rs 481-crore contract from BHEL to build a 1,200 TPD cryogenic Air Separation Unit
Vikram Solar shares rose 3% after securing a 400 MW module supply order for decentralised solar projects across Maharashtra. The company will supply 620 Wp
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