The fresh issue size of Rs 602 crore is down from the originally envisaged issue of Rs 750 crore, and includes a pre-IPO placement of about Rs 62 crore consisting of 26,27,697 equity shares issued at a price of Rs 236 per equity share to one of its promoters THCL, by way of a rights issue.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following