Sun Pharmaceuticals Industries Ltd, in a recent filing with the exchange on Friday, announced that it has entered into an agreement to acquire 60% shareholding in ‘Vivaldis Health And Foods Private Limited’ from its existing shareholders for ₹143.30 crores. The remaining 40% shareholding is to be acquired in the future as per certain terms & [...]
Indiabulls Housing Finance Ltd has raised Rs 91.64 crores as its Securities Issuance and Investment Committee approved the allotment of approximately 9.16 lakh non-convertible debentures (NCDs) with a face value of Rs 1,000 each on a public issue basis. The company opened its trading hour today at Rs 99.25 and currently trades at Rs 95.85. [...]
Shares of mutual fund asset management companies tanked on Friday after the Finance Bill 2023 proposed an amendment that will classify capital gains arising from debt mutual funds as only short-term capital gains. HDFC Asset Management Company’s shares fell 5.20%, UTI Asset Management Company’s shares slipped 4.40% and Aditya Birla Sun Life AMC’s shares dropped [...]
In the last six months, the shares of Maharatna-status GAIL (India) Ltd. have generated an impressive 22% gain for its shareholders advancing from Rs 86 to Rs 105 at present. This is much better than what the broader market has returned. During the same period, the benchmark NIFTY 50 index has traded almost flat with [...]
Part of a century-old conglomerate the Murugappa Group, Coromandel International Ltd. is one of the largest fertilizer companies in India with a market capitalization of Rs 25,850 crore. It is engaged in the business of production and sale of fertilizers, specialty nutrients, crop protection solutions, organic fertilizers, and bio-pesticides. The company communicated on Wednesday that [...]
Shares of Ashiana Housing rose by 18.04% on Wednesday’s early trades to reach an intraday high of ₹ 168.50apiece after the company announced that its annual bookings surpassed the guidance of ₹ 1,100 crores for the financial year 2022-23. The company said that it has achieved an annual booking value of ₹ 1,278.84 crores (up [...]
Shares of Asian Energy Services rallied 9.92% on Wednesday’s early trades after the company bagged an order worth ₹ 165 crores for the operation and maintenance of a floating production storage and offloading system in Puducherry. At 12:02 PM, its shares were trading at ₹ 104.55 up 6.41%. According to an exchange filing, the company [...]
The board of Sera Investments & Finance India Ltd, a Non-Banking Financial Company (NBFC) has approved the split/ sub-division of its shares in the ratio of 1:5. At 03:12 PM, its shares were locked in an upper circuit at ₹ 299.45 apiece, up 5%. According to an exchange filing by the company, its board has [...]
SKF India, in a recent filing with the exchange, said that it has signed a share purchase agreement with ‘Clean Max Enviro Energy Solutions’. The company has shown an agreement to acquire 2,600 fully paid-up equity shares of Rs 10 each which is equivalent to 26% of the total issued and paid-up share capital of [...]
Artemis Electricals and Projects Ltd started its trading session today at Rs 106.90 and since then the same has been in a 5 percent upper circuit. Having a purview of a month, the stock has proven to deliver to its stakeholders a return of around 41.3 percent ranging from Rs 75.65 to the current price [...]
