Triveni Engineering & Industries Ltd (TEIL) may have to pay up more for acquiring a controlling stake in Sir Shadi Lal Enterprises (SSLE) than its current open offer, or exit its investment, as transaction at the current price remains unlikely, proxy advisory firm InGovern said in a report on Sunday.Triveni Engineering had made an open offer of ₹262.15 per share.
Open FlipOn April 29, 2024, foreign institutional investors (FII) bought shares worth Rs 169.09 crore, while domestic institutional investors (DII) bought shares worth Rs 692.05 crore. In the ongoing trading session, Benchmark indices are trading on a positive note with Sensex moderately surging by 0.37 per cent, while Nifty also soared by 0.38 per cent.
Open FlipApple Inc. AAPL experienced a stock rally on Monday, but CNBC host Jim Cramer is skeptical about its sustainability. Cramer expressed his doubts about the longevity of Apple’s stock rally, which was fueled by an analyst’s upgrade. He cautioned investors to hold off on purchasing Apple shares, reported CNBC on Monday.
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