Currently, Clean Science and Technology has cash of Rs 250-260 crore on the books. Siddhartha Sikchi, promoter & executive director of the company said going forward they have capex plans of around Rs 300 crore in the next two to three years and all the capex would be done through internal accruals.

The Sensex plunged 586 points to close at 52,553 and Nifty50 lost 171 points to settle at 15,752. Broader markets ended mixed, with small-caps closing flat and mid-caps plunging nearly 1 percent. The market breadth mildly favours declines as the advance-decline ratio rests at 1:1. 

Adani shares declined more than 2-5 percent today after the govt informed Parliament that the capital market regulator was investigating some of the Adani Group companies with regards to non-compliance with Sebi regulations.

Stock Market Highlights: Indian equity indices, Sensex and Nifty ended over a percent lower each Monday amid weak global cues as concerns over rising Delta variant of coronavirus dampened sentiment. Among broader indices, the midcap index closed lower, while the smallcap index ended flat. On the sectoral front, barring Nifty Realty and Nifty Pharma, all other indices ended in the red with private banks, metals, financial services, auto and PSU Banking indices falling the most.