ICICI SecuritiesSanofi India (Add)Target: ₹8,594CMP: ₹8154.65Sanofi India’s (SANL) Q4-CY20’s performance remained weak during the quarter. Revenue declined 12.8 per cent y-o-y to ₹720 crore but sequen
Indian Oil Corporation Ltd., incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 91552.70 Crore) operating in Gas & Petroleum sector.
The EMD size is indicative of a telcos bidding strategy as it gives an operator eligibility points, based on which it can target a certain quantum of airwaves. The upcoming auction for nearly 2300 units of airwaves across seven 4G bands – from 700 Mhz to 2500 Mhz – are valued at Rs 3.92 lakh-crore at base price.
The allotment of equity shares offered pursuant to the rights issue will happen on Tuesday, February 23, 2021 and will be listed on the BSE and on NSE on February 26, 2021, said the company in a press release.