Of the fresh issue proceeds, ₹70 crore will be used to expand the capacity of the crane unit, ₹50 crore for part debt repayment, and ₹45 crore for increasing the capital base of the tractor financing subsidiary.
The dollar has achieved consecutive weekly gains for the first time in over three months, bolstered by rising Treasury yields. Anticipations of additional rate hikes
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 24, according to technical scan data from StockEdge.
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