KRN Heat Exchanger and Refrigeration recovered 6% after announcing a QIP that raised nearly ₹350 crore. The stock fell to ₹1,012.50 before rising to ₹1,092. Despite a 17% drop in a month, it gained 42% over the past year.
2 min read2 Jun 2026Electric two-wheeler manufacturer Ola Electric opened at ₹38.40 apiece today, compared with the previous close of ₹39.53 on BSE. Here are the QIP details, along with the share price trend.
1 min read2 Jun 2026OLA Electric Mobility received board and shareholder approvals for a qualified institutional placement of equity shares. The issue opened on 1 June 2026.
2 min read1 Jun 2026Emkay Global, meanwhile, stated that it expects JSW Steel to report Q4 consolidated EBITDA of ₹8,420 crore (up 29.6% QoQ and 32% YoY), driven by higher realisations.
1 min read8 May 2026Poonawalla Fincorp has launched its qualified institutional placement, approving a floor price of ₹390.26 per share, 2.6% lower than the previous closing. The issue follows earlier board approvals and may offer a discount of up to 5% on the floor price, pending shareholder consent.
2 min read10 Apr 2026Abhishek Agarwal, VP and head of investor relations at Swiggy, has resigned three months after the company raised ₹10,000 crore. Here's what we know about him.
2 min read1 Apr 2026Even as it is ready to harvest, Prosus has been busy deploying capital in the country. Earlier in August it pumped in $146 million in Ixigo, a listed new-age travel services company, a first for the firm. This calendar year alone, the firm has deployed around $560 million in India.
3 min read15 Dec 2025In an exchange filing on December 13, Swiggy informed the exchanges that the QIP saw a strong and diversified participation from marquee global and domestic institutional investors.
2 min read14 Dec 2025With nearly 270 million new shares being issued within 13 months since its November 2024 IPO, shareholders face almost 10% dilution in a single year.
2 min read12 Dec 2025Investment firms GIC, Temasek, and Nomura are bidding for Swiggy's ₹10,000 crore QIP, which has seen 4.5x demand from top mutual funds. Funds will enhance Swiggy's quick-commerce network as competition in India's instant-commerce sector intensifies.
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