The offer was a fresh issue of ₹850 crore and an offer for sale of ₹250 crore. The company had a market capitalization of ₹10,692.5 crore at close on Tuesday.
Memory stocks showed initial promise but are now faltering, weighed down by anxiety surrounding the artificial intelligence market. Sandisk and Western Digital reported declines, while
Skyways Air Services plans a ₹399 crore IPO to repay debt and fund working capital. The company’s promoter stake will decrease significantly after the initial
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