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BGR Energy wants to raise Rs.1000 Crore from rights issue | NSE: BGRENERGY Stock to Watch

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BGR Energy Systems wants to raise Rs.1000 Crore from rights issue

BGR Energy Systems Ltd has recently received approval from its board of directors to raise up to ₹1,000 crore through a rights issue. This move is aimed at increasing the company’s authorized share capital and altering its memorandum of association, subject to shareholders’ approval. As per the latest announcement from the company on July 4, Read more: BGR Energy wants to raise Rs.1000 Crore from rights issue | NSE: BGRENERGY Stock to Watch..

Lupin Share Price Jumped 8.18% due to Kotak double upgrade

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Lupin Share Price Jumped 8.18% due to a Kotak double upgrade

Lupin share price jumped 8.18% significantly today, July 4, 2024, primarily due to a double upgrade from Kotak Institutional Equities (KIE). Kotak changed its rating on Lupin from a ‘sell’ to an ‘add’ and raised its fair value target to ₹1,805 from ₹1,400. This positive outlook is based on Kotak’s analysis of Lupin’s US portfolio, Read more: Lupin Share Price Jumped 8.18% due to Kotak double upgrade..