Shares of Star Cement rallied 8% to Rs 247.75 on the BSE on Friday after Aditya Birla Group company UltraTech announced it is buying approximately an 8.69% stake in Star Cement for about Rs 851 crore. “The Board of Directors of the Company at its meeting held today considered the proposal and approved making an…
READ MOREEquity indices ended lower on Thursday due to selling pressure in index majors as investors turned cautious ahead of the inflation data announcement. Stocks that were in focus include names like Ultratech Cement, which fell 0.8% and Bajaj Auto, which declined 1.05% and DMart, whose shares fell 0.4% on Thursday. Here’s what Ameya Ranadive Sr…
READ MOREMarkets traded within a narrow range on Friday and ended the day nearly unchanged despite an eventful session. In today’s trade, shares of Ultratech, Paytm, L&T, Biocon, Alembic Pharma among others will be in focus due to various news developments. L&TLarsen and Toubro (L&T) has overturned a Rs 702 crore customs duty demand following a…
READ MOREAs many as 99 companies have fixed their record dates this week for the purpose of determining the eligible shareholders for the payout of their dividends. Out of the lot, 5 are Nifty companies, i.e, Ultratech Cement, Maruti Suzuki, Cipla, Diviβs Laboratories and Hero Motocorp. Other names include companies like Vedanta, Oberoi Realty, Sundaram Finance…
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