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Reliance quietly executed Project Jupiter to prepare Jio’s IPO while managing regulatory changes, investor alignment and strict secrecy. The plan evolved from an offer-for-sale to a primary issue, enabling funds to remain with the company and positioning Jio for India’s biggest stock market listing.
OYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceeds will primarily repay borrowings, with remaining funds for corporate use. The company may also undertake a pre-IPO placement before listing plans progress further.
Five stocks in the Nifty500 segment that gained over 4% featured in the RSI Trending Up scan on June 29 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…