Wed, Jan 8, 2025 9:49 PM
eBay Stock Surges After Meta Launches an Integration Test
A Flip by Shubhangi Gupta
Last month, an infrastructure investment trust sponsored by an alternative asset management arm of the Mumbai-based Edelweiss Group struck a deal to acquire its first asset since going public two years ago. The deal sealed by the Anzen India Energy Yield Plus Trust was significant for more reasons than one, adding a solar energy project to its portfolio, marking a significant transaction.
Open Flip
Praj Industries' shares rose ✅ 1.4% to Rs 811.4 after Kotak Institutional Equities initiated coverage with an "add" rating and a target price of Rs 880, implying an 8.5% upside, citing the company's strong positioning in the ethanol sector and growth prospects in bioenergy and international markets.
Open Flip
The Indian rupee opened at a new low on January 9 due to strong dollar demand but pared some of the losses on likely intervention by the Reserve Bank of India (RBI), currency experts said. At 11.15 am, the local currency was trading at 85.89 against the dollar after opening at 85.93, a new low. The rupee closed at 85.86 in the previous session.
Open Flip
