JSW Cement, a part of the JSW Group, is set to launch an IPO. The company aims to raise ₹1,600 crore through fresh equity. It will also raise ₹2,000 crore through an offer for sale. The funds will support a new Rajasthan unit and reduce debt. Post-IPO, promoter stake will decrease.
Sensex rises 300 points; Nifty above 24,350 as oil prices slide. What lies ahead?
On Wednesday, Indian stock markets rallied, buoyed by a decrease in oil prices and renewed optimism surrounding the reopening of the Strait of Hormuz, following