Latest Updates Around The World
Clean Max Enviro Energy Solutions Ltd., a renewable energy company backed by Brookfield Corp., is preparing to launch its initial public offering in February with a smaller deal size, according to people familiar with the matter.The Mumbai-based company is now planning an initial public offering of about $350 million to $400 million, down from a […]
The three-month anchor lock-in period for Citigroup and Societe Generale-backed GK Energy ends today, with nearly 5 million or 2% of outstanding shares now eligible for trading, according to Nuvama estimates. Another small cap stock, Saatvik Green Energy, will also have its mandatory institutional holding period lifted, releasing 3 million shares.Both stocks have fallen sharply […]
Shares of September-listed Saatvik Green Energy hit their 10% higher circuit at Rs 551.40 on the BSE in early trade on Thursday, October 9, after the company reported a robust set of numbers for its first quarter earnings. The company’s consolidated net profit rose by as much as 459% to Rs 119 crore, higher than […]
Shares of Saatvik Green Energy, which went public last month, saw their shares rise as much as 8.4% to their new all-time high of Rs 499.40 on the NSE on Wednesday, October 8, after the company announced that it had secured two new orders totaling Rs 707 crore. Interestingly, the company will also announce its […]
