India Cements share price jumped 11% to reach a new 52-week peak during Monday’s trading session after the announcement that CCI has sanctioned UltraTech Cement Limited’s acquisition of The India Cements Limited. On July 28, UltraTech Cement disclosed its plan to acquire a 32.72 percent ownership in India Cements from its promoters and associated entities in a deal worth ₹3,954 crore.
Open FlipAadhar Housing Finance Ltd, which is backed by private equity major Blackstone, on Thursday said it has fixed a price band of Rs 300 to Rs 315 a share for its Rs 3,000-crore initial public offering. The initial share sale will be open for public subscription during May 8-10 and the bidding for anchor investors will open for a day on May 7, the company said.
Open Flip📊 Amid positive global cues, benchmark indices started on a positive note today. 📢 At 9:16 AM, the Sensex gained 609.01 points or 0.78% at 78,650.60. Nifty is higher by 194.40 points or 0.82% at 23,781.90. 📈 One97 Communications (⬆️1.71%), Aurobindo Pharma (⬆️1.65%) and Jindal Steel (⬆️1.51%) appeared as the top performers on the Nifty50 at the open.
Open Flip