The issue includes fresh equity of Rs 400 crore and an offer for sale of up to 1.56 crore shares. Under the OFS, promoters Gaurav Bhatnagar, Manish Dhingra, LAP Travel and other selling shareholders TBO Korea, Augusta TBO will offload the shares.
In the Nifty200 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 15, according to stockedge.com’s technical scan data.
Shares in South Korea and Australia climbed early Friday, while Japan’s were mixed. US futures inched higher after the S&P 500 rose 0.4% Thursday. Canada’s
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