The Gautam Adani-owned group’s market capitalisation surged by over ₹73,000 crore on Monday to ₹11.94 lakh crore, though this is still ₹7.26 lakh crore below the highs seen before January 24 this year.
Investors are now watching how long Saudi Arabia’s East-West pipeline will remain out of operation. Drone strikes forced the pipeline to shut last week, and
Hero Motors plans a ₹1,000 crore IPO for expansion and debt repayment. The company’s promoter stake will decrease significantly after the initial public offering. Its
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