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. 

Max pain at the end of today's trade for weekly expiry on February 29 stands at 22150.

The stock gave multibagger returns of over 150 per cent in just 1 year and a whopping 850 per cent in 3 years.

List of the stocks that ended close to their 52-week low on Tuesday.