Inox Wind stock is buzzing in trade as the company’s board approved preferential allotment of Rs 402 crore. The promoters – Inox Leasing & Finance will raise Rs 150 crore equity and the balance will be raised from non-promoters. Devansh Jain, Whole-time Director of Inox Wind in an interview to CNBC-TV18 said the company plans to use the funds for debt reduction.

Indian benchmark indices closed over a percent higher with Nifty50 ending at 17,136.50 and Sensex closing at 57,037.50. Here are key stocks that moved the most in today's trading session -

L&T Technology is scheduled to report its Q4FY22 earnings on Thursday. CNBC-TV18's poll expects its dollar revenue to grow by 4.4 percent at $235 million versus $225.1 million in Q3FY22.

Gufic Biosciences has acquired a 2.67 percent stake in Australian biotech company, Selvax, for around $1,00,000. The company said the deal would help them fast-forward their immuno oncology research efforts.