Stocks like Rail Vikas Nigam, Varun Beverages, Vedanta, Abbott India, Hindustan Construction Company, Gabriel Pet Straps, Everest Industries, RailTel Corporation of India, Wipro, Hitech Corporation, SRF, and GMR Airports Infrastructure will also be in focus on December 17.
ICICI Securities is bullish on Mindspace Business Parks REIT recommended buy rating on the stock with a target price of Rs 382 in its research report dated February 01, 2024.
The company declared a distribution of Rs 285.2 crore or Rs 4.81 per unit for Q4 FY23.
According to the company, the funds raised will be used to refinance loans taken by one of the Asset SPVs to fund the eligible green projects.
In a regulatory filing, Mindspace Business Parks REIT informed that it has completed an issuance of commercial papers of Rs 100 crore for a maturity of three months at an interest rate of 7.2 per annum.
The REIT, sponsored by the K Raheja Corp group, recorded leasing of 4.5 million sq ft in FY22.