Tue, Sep 10, 2024 11:51 AM
Suzlon stock worth Rs 254 crore sold in large trades
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📌Goldman Sachs has a sell rating on Avenue Supermarts with a target price of Rs 4,050. 📌Macquarie has an outperform rating on Avenue Supermarts with a target price of Rs 5,600. 📌Morgan Stanley has an overweight rating on M&M with a target price of Rs 3,304. 📌Morgan Stanley has an overweight rating on Bajaj Finance with a target price of Rs 9,000.
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Jakson Green is closing in on a more than Rs 4,000 crore ($476.4 million) fundraise to expand its renewable energy capacity, Joint Managing Director Krishnan Kannan said. The privately-held company, which currently has an installed capacity of around 250 megawatt, will add 1 gigawatt (GW) by early 2026."We are working with a strategic partner to bring in the investment.
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Shares of Reliance Power fell to 5 percent lower circuit on October 4 amid market weakness. The slump comes a day after the Anil Ambani-promoted company said its board has approved the issue of up to Rs 4,200 crore worth of Foreign Currency Convertible Bonds (FCCBs), on private placement basis, to affiliates of Värde Investment Partners.
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