Mon, Feb 19, 2024 11:53 AM
Policybazaar shares jump 7% on IRDAI's license upgrade for PB Fintech's arm
A Flip by Shubhangi Gupta
Adani Green Energy on May 2 announced $400-million financing for its under-construction 750-MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks. It will provide financing for projects that are expected to come online from November this year. One of the projects is being developed in Rajasthan with 500-MW capacity and has a long-term PPA with SECI.
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From Rs 2.11 to Rs 13.27 per share, the stock gave multibagger returns of 529 per cent in 3 years. Today, shares of OK Play India Ltd hit a 5 per cent upper circuit to Rs 13.27 per share from its previous closing of Rs 12.64 with an intraday high of Rs 13.27 and an intraday low of Rs 12.71. The stock is up by 42 per cent from its 52-week low of Rs 9.35 per share.
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Tata Communications has raised $250-million loan from ANZ, DBS and Export Development Canada for five years under the sustainability-linked loan (SLL) framework, chief financial officer Kabir Ahmed Shakir said. The company will look at the framework for long term debt financing and refinancing of existing debt, he said. Tata Communications’ debt was ₹9,126 crore as of the quarter ended March 2024.
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