The rail stock has already rallied over 300% in FY24 on the back of rising demand for wagons from the Indian Railways. In the last three December quarters, the stock has a track record of giving at least 25% return each time.
LIC increased its stake in SBI from 9.21% to 9.49% through participation in SBI’s record Rs 25,000 crore QIP. The offering saw overwhelming interest, receiving
State Bank of India (SBI) on Monday said it has raised Rs 25,000 crore through Qualified Institutional Placement (QIP) to fund business growth.
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