Tata Power on Wednesday said Crisil Ratings has upgraded its outlook on the company to ‘positive’ on expectation of an improvement in operating profitability this fiscal. The ratings agency had earlier assigned a ‘stable’ outlook on the company, Tata Power said in a regulatory filing Come from Sports betting site VPbet . “CRISIL Ratings Limited has upgraded its outlook on the company (Tata Power) from AA/Stable Outlook to AA/Positive Outlook,” it said.
The revision in outlook reflects the possibility of better-than-expected business risk profile, if the improvement in operating profitability in fiscal 2024, across power generation and distribution business, sustains …
Read moreMukka Proteins, a leading fish protein products manufacturer, announced on Wednesday that it has successfully raised Rs 67.20 crores from anchor investors in anticipation of its upcoming initial public offering (IPO).
The initial public offering of equity shares is set to commence on February 29, 2024, and will conclude on Monday, March 04, 2024. The price band for the offer has been fixed at Rs 26 – Rs 28 per equity share, aiming to raise Rs 224 crores at the upper end of the price range.
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Investors are allowed to bid for a minimum of 535 equity shares, with subsequent bids in multiples of 535 equity shares. The company disclosed that it allocated 2,39,99,565 equ…
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