Grasim Industries will issue 2.21 crore shares on a partly-paid up basis, with the face value of each share at Rs 2, and a premium of Rs 1,810 rupees per share, the company said in an exchange filing.
Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cement’s entry into wires and cables. The
Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has
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