Tata Power Shares Fall 4% After Singapore Court Setback β‘π
Tata Power shares fell over 4% to βΉ348.20 after the Singapore International Commercial Court rejected the companyβs challenge against a $490 million arbitration award linked to its long-running dispute with Kleros Capital.
π Key Highlights:
* $490 million arbitration award
* Singapore court rejects Tata Powerβs challenge
* Shares fall over 4%
* Dispute linked to a Russian coal project
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β‘ Adani Energy Solutions Bags βΉ4,700 Cr Project
Adani Energy Solutions has secured a βΉ4,700 crore transmission project in Maharashtra, marking another major step in its power infrastructure expansion.
π The project will transmit up to 4,500 MW of renewable & storage power and is expected to be completed within 36 months.
π Shares gained around 1.5% after the announcement.
A strong addition to AESLβs growing transmission portfolio.
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Gaja Capital IPO Listing π
Gaja Alternative Asset Management made a strong market debut, with shares listing at βΉ185.20 on BSE and βΉ185 on NSE β around a 16% premium over the βΉ160 issue price. The βΉ550 crore IPO was subscribed 31.33 times, reflecting strong investor demand.
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Shankesh Jewellers makes a strong debut on the bourses π
π NSE Listing: βΉ103.30
π Issue Price: βΉ93
π Premium: 11.08%
The βΉ367 crore IPO gets a firm start as investors track its performance ahead.
#ShankeshJewellers#IPO#StockMarket#NSE#IPOListing#nifty#sensex
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