It includes a payment of ₹188.19 crore towards equity purchase and ₹89.71 crore towards CSPL’s debt
Posts tagged BL
Marine Electricals hits 52-week high on ₹8.02 crore contracts (14-06-2024)
The stock rose 2.56 per cent on the NSE to trade at ₹143.68 as of 12.13 pm
Tata Elxsi stock rises on collaboration with Red Hat to boost network monetisation for telcos (14-06-2024)
Shares of Tata Elxsi rose 0.68 per cent to trade at ₹7,279.95 on the NSE as of 11.55 am
Puravankara shares rise on ₹1,000 crore fundraising approval (14-06-2024)
Pruvankara shares rise after the Board granted in‐principle approval to raise funds up to ₹1,000 crore through QIP
Crude oil futures slip, but set for weekly gain (14-06-2024)
Fed move to keep interest rates unchanged fails to have any impact on market
Adani Group’s Ambuja Cements stock surges on Penna Cement acquisition (14-06-2024)
The Adani Group company on June 13 announced the signing of a binding agreement for the acquisition of Penna Cement at ₹10,422 crore
Ambuja Cements Stock Price Today Live: Ambuja Cements to acquire Penna Cement for ₹10,422 cr, shares up (14-06-2024)
Ambuja Cements Share/Stock Price Today Live Updates: Ambuja Cements is to acquire Penna Cement Industries for ₹10,422 crore. ACEM’s FY24 annual report highlights initiatives aimed at driving growth and improving its cost structure. The company has initiated capacity expansion projects totaling 20mtpa across various regions, aiming to reach a capacity of 100mtpa by the end of FY26.
Sensex, Nifty fall; Ambuja Cements hits new high; IT, bank stocks drag (14-06-2024)
Sectoral indices trade in a mix with Nifty IT declining 0.70% and Nifty realty rising 0.96%
Ambuja Cements acquisition of Penna sparks mixed brokerage recommendations (14-06-2024)
Brokerages offer mixed views on Ambuja Cements’ acquisition of Penna, with Macquarie and Jefferies bullish while UBS advises selling
Motilal Oswal: Punjab National Bank’s strong financial performance earns neutral rating (14-06-2024)
Analysts at Motilal Oswal estimate a 44% CAGR in PNB’s earnings from FY24-26 and have reiterated a ‘Neutral’ rating with a Target Price ₹130.