Shares of this company jumped more than 200 per cent in the last one year.

The penultimate day of the February series F&O expiry saw the benchmark indices painting a picture of optimism, with hues of green dominating the early trades. However, amidst this canvas of positivity, there were pockets of caution, as a majority of sectors dipped into the red.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 72.12 points or 0.10 per cent.

The Company aims to mobilize approximately Rs. 45,000 crore, harnessing the combined potential of equity and debt instruments. At present, the Company's bank debt stands conservatively at less than Rs. 4,500 crore, underscoring its prudent fiscal stewardship.

The partnership aims to develop and manufacture this innovative product, with company and HHL acquiring shares in the new entity at a ratio of 60:40, while no initial consideration is exchanged.

The shares of the company saw a spurt in volume by more than 1.75 times on BSE. 

Operations and Finance Committee, through a resolution dated February 27, 2024, has approved the allotment of 2034 Secured Rated Listed Redeemable Non-Convertible Debentures, each with a face value of Rs 1,00,000, totalling Rs. 20,34,00,000 through private placement

The stock’s 52-week high is Rs 10.08 and its 52-week low is Rs 5.09.

The President of India’s portfolio owns 23,37,85,038 shares or 72.84 per cent stake in the company.

The stock has a PE of 12x, an ROE of 40.6 per cent and a ROCE of 39.1 per cent.