NHAI InvIT to raise Rs 1500 crore through bonds
Sun, Oct 23, 2022 2:04 PM

NHAI InvIT to raise Rs 1500 crore through bonds

A Flip by Shruti
Get it on Google Play
The National Highway Infra Trust (NHIT) started to raise Rs 1500 crore through Non-Convertible Debentures (NCDs). In a first for the country, one-fourth of these bonds will be booked for retail investors, paving the way for public funds to flow into road building. As per reports, the offered issue has a base issue size of Rs 750 crores.

More great flips

Adani Power Q4 Results: profit falls by 47.79% YOY

Adani Power Q4 Results: profit falls by 47.79% YOY

Adani Power Q4 Results: Adani Power declared their Q4 results on 01 May, 2024. The topline increased by 30.48% & the profit decreased by 47.79% YoY. Compared to the previous quarter, the revenue grew by 2.87% and the profit decreased by 0.03%. Selling, general & administrative expenses rose by 25.4% q-o-q & increased by 27% Y-o-Y. The operating income was up by 5.95% q-o-q.

Open Flip
Gensol Engineering Ltd Rs 1,783 crore order book & promoter increase stake

Gensol Engineering Ltd Rs 1,783 crore order book & promoter increase stake

The stock gave multibagger returns of 180 per cent in just 1 year and a whopping 4,900 per cent in 3 years. Though the market is the red, shares of Gensol Engineering Ltd hit a 5 per cent upper circuit to Rs 941.40 per share from its previous closing of Rs 896.60 per share. The stock is down by 31 per cent from its 52-week high of Rs 1,377.10 per share while it gave multibagger returns.

Open Flip
Agri Picks Report May 03, 2024: Geojit Financial Services

Agri Picks Report May 03, 2024: Geojit Financial Services

Farmers in Gujarat have sown crops across 1.15 mln ha as of Monday, slightly down from 1.16 mln ha sown a year ago, according to data from the state agriculture department. The normal acreage for the season, which is the average ofthe past three years, is 1.11 mln ha. Bajra, paddy, sesamum, and moong are the main crops grown in the state during the summer.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon