The flagship company of the Aditya Birla group had set the price for the rights issue at Rs 1,812 per share, with shareholders entitled to six rights equity shares for every 179 that they held in the company as on January 10.
Provisioning for bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the public sector
Nifty opened positive but faced profit booking, closing at 23,519. Analysts expect support at 23,350 and resistance at 23,780, with increased volatility from geopolitical tensions.
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