Sun shines on Premier Energies; govt’s renewables push can make it brighter

August 26, 2024

Premier Energies aimed to raise ₹2,830 crore via an IPO starting on August 27, allocating ₹1,291 crore for capacity expansion. The promoter’s stake was set to decrease to 66%. The company projected revenue growth driven by India’s push for renewable energy. It planned substantial capacity enhancements by 2026, using funds from the IPO, debt, and internal accruals.

More To Explore

Gland Pharma shares zoom 12% post Q2 results; Kotak upgrades on limited downside

Gland Pharma Share Price: Gland Pharma shares rose 12% despite a 15.7% YoY profit decline in Q2. Kotak upgraded the stock to ‘Reduce’ with a

November 5, 2024

Sagility India raises Rs 945 crore from anchor investors ahead of IPO

Sagility India raised Rs 945 crore from anchor investors, including prominent mutual funds and institutions, at Rs 30 per share. The company’s IPO, entirely an

November 5, 2024

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003