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The Sensex recorded a drop of 405.70 points or 0.57%, closing at 71,095.06, while the Nifty experienced a decline of 133.40 points or 0.62%, settling at 21,438.60

Bidding for Retail Investors will begin on Friday.

In the previous session, on January 16, the ADR price was down 6.7% to $61.18 per share.

LIC sold 3,72,78466 shares of the three Adani businesses during the quarter while purchasing 4,500 shares of Ambuja Cements.

Consolidated revenue was Rs 9,016 crores, up 4.6% year-on-year and 1.2% quarter-on-quarter (QoQ).

The newly established dry dock, with a cost of Rs 1,799 crore, is located at CSL's existing premises in Kochi

The order is slated for execution within one year and is expected to escalate to $5 million over the next five years.

The award is contingent upon the execution of the purchase order

Margin pressure likely amid rising cost of funds.

Ambuja Cements Ltd, part of the Adani Group, will invest Rs 1,400 crore.