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Hindustan Copper Ltd.: Hindustan Copper raises Rs 500 crore via QIP issue


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NEW DELHI: State-owned Hindustan Copper (HCL) on Thursday said it has raised Rs 500 crore through issuance of shares to institutional investors. The qualified institutions placement (QIP) of Rs 500 crore has been fully subscribed, the PSU said in a statement.
The funds from the QIP are proposed to be used to fund the ongoing capex/expansion plan of the company.
The QIP of HCL closed on April 12 with wide participation from diverse investors including mutual funds, insurance companies, banks and foreign institutional investors.
Launched on April 7, this is the first time issuance of a central public sector enterprise to raise funds by issue of shares via QIP. ....

India General , Ministry Of Mines , State Owned Hindustan Copper , Hindustan Copper Ltd , Hindustan Copper Share Price , Qualified Institutions Placement , இந்தியா ஜநரல் , அமைச்சகம் ஆஃப் சுரங்கங்கள் , நிலை ஓஂட் ஹிந்துஸ்தான் தாமிரம் , ஹிந்துஸ்தான் தாமிரம் லிமிடெட் , ஹிந்துஸ்தான் தாமிரம் பகிர் ப்ரைஸ் , தகுதி நிறுவனங்கள் வேலை வாய்ப்பு ,

Stocks to watch: TCS, Yes Bank, Bandhan Bank, Hindustan Copper, NBCC


Here are the top stocks to track in today s session:
TCS: The IT major s net profit for the March quarter rose 14.9% year-on-year (YoY) and 6.2% quarter-on-quarter (QoQ) to Rs 9,246 crore. Meanwhile, the revenue for the quarter stood at Rs 43,705 crore, up 5.9 per cent YoY and 4.2 per cent QoQ. The biggest takeaway from the Q4 numbers was the order book at $9.2 billion, the highest ever reported by TCS in a quarter since the company started reporting this metric.
Yes Bank: Sebi imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender s AT-1 bonds few years ago. Besides, the watchdog has imposed a fine of Rs 1 crore on Vivek Kanwar, who was the Managing Director of Yes Bank, Rs 50 lakh each on Ashish Nasa and Jasjit Singh Banga, who were part of the bank s private wealth management team at the time of violation. ....

India General , Uttar Pradesh , Vivek Kanwar , Jasjit Singh Banga , Tata Metaliks , Satin Creditcare Network , Adar Rising Sun Holdings , Bandhan Bank , Lt Finance Holdings , Lt Infrastructure Finance Company , Competition Commission Of India , Pulsar International , Magma Fincorp Ltd , Texmaco Infrastructure Holdings , Singapore Exchange , Alliance Integrated Metaliks , Yes Bank , Managing Director , Ashish Nasa , Jyoti Structures , Reliance Industrial Infrastructure , Muthoot Finance , Competition Commission , Adar Poonawalla Controlled Rising Sun Holdings , Prabhat Dairy , Creditcare Network ,

BSE PSU index hits 16-month high, surges 27% since Budget


Shares of public sector undertaking (PSU) firms continued to be on a roll with the S&P BSE PSU index hitting a 16-month high in Tuesday s intraday trade. The index has rallied 27 per cent since February 1 as the PSU companies and banks got a new lease of life after the government presented the budget for the financial year 2021-22 (FY22).
The S&P BSE PSU index hit an intra-day high of 7,292, its highest level since November 2019. In the month of February, the PSU index had posted its biggest monthly gain in nearly seven years. The index rallied 22.5 per cent in February 2021, recording its biggest monthly rally since May 2014, when it had zoomed 24.05 per cent. ....

India General , Nirmala Sitharaman , Atmanirbhar Bharat , Narendra Modi , Indian Overseas Bank , Department Of Investment , Development Financial Institution , Union Budget , Finance Minister Nirmala Sitharaman , Public Asset Management , Prime Minister Narendra Modi , Hindustan Copper , Rashtriya Chemicals , Aatmanirbhar Bharat Package , S Ampp Bse Psu Index , Hindustan Copper Share Price , இந்தியா ஜநரல் , நரேந்திர மோடி , இந்தியன் ஓவர்‌ஸீஸ் வங்கி , துறை ஆஃப் முதலீடு , வளர்ச்சி நிதி நிறுவனம் , தொழிற்சங்கம் பட்ஜெட் , பொது சொத்து மேலாண்மை , ப்ரைம் அமைச்சர் நரேந்திர மோடி , ஹிந்துஸ்தான் தாமிரம் , ரஷ்ற்ரிய இரசாயனங்கள் ,