On July 06, 2024, Apollo Hospitals announced via a stock exchange filing that it plans to acquire 35,12,107 equity shares of ₹10 each at ₹294 per share (including a premium of ₹284 per share), totalling ₹103 crore through a rights issue subscription of its subsidiary Apollo Health and Lifestyle Limited (AHLL). The acquisition of AHLL …
On July 08, 2024, Godrej Industries announced via a stock exchange filing that its Godrej Industries (Chemicals) (one of the oldest businesses of the Godrej Group) signed a Business Transfer Agreement to acquire Shree Vallabh Chemicals’ Ethoxylation Unit II in Kheda, Gujarat. This unit has a manufacturing capacity of 24,000 MTPA of finished products. As …
Edelweiss Financial Services Limited (EFSL) announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) to raise up to Rs 200 crore. This issuance comes alongside the company’s recent efforts to reduce its debt burden and transition towards a more asset-light business model. Let’s delve into the details of the NCD issue and explore the …
In a remarkable turn of events, HPL Electric & Power Limited has witnessed a significant surge in its stock prices. The company’s stock has risen by an impressive 12% and recorded its highest single-day volume in over two months. This article delves into the factors behind this surge, the company’s recent performance, and what this …
Sakar Healthcare Submits 20 Dossiers Across Multiple Countries Sakar Healthcare Limited, an ISO 9001:2015 certified pharmaceutical company, has made significant progress in its global expansion efforts. The company announced the submission of 20 dossiers for oncology product registration across various regions, including Switzerland, Bulgaria, Slovenia, Vietnam, Myanmar, and Ethiopia. Expanding the Anti-Cancer Portfolio Sakar has …
On Monday, the benchmark indices were trading in the red with the Sensex down around 141 points or 0.18% at 79,863, while the Nifty-50 was down around 39 points or 0.14% at 24,284. About 1,955 shares have advanced; 1,835 declined and 169 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On July 8, 2024, Larsen & Toubro Ltd (L&T) informed in a stock exchange filing that the company’s renewable arm had secured significant contracts in the Middle East to construct two large-scale Solar PV plants totalling 3.5 GW in capacity. These orders, finalised with a leading developer, include a comprehensive scope covering grid interconnections, pooling …
On July 8, 2024, Phoenix Mills Limited announced in a stock exchange filing the operational business update for the Q1 FY 2025. Retail Segment In Q1 FY25, Phoenix Mills recorded impressive growth in retail consumption, with retailer sales reaching approximately ₹3,214 crore, marking a significant 25% increase from Q1 FY24. This growth was predominantly driven …
Indian benchmark indices started the week on a lower note, impacted by losses in the consumer durables, metals, and information technology sectors, while broader indices continued to climb higher. At 10:20 am, the BSE Sensex fell 0.13% reaching a level of 79,896. The Nifty 50 index decreased 0.09% to the 24,302 level. On the Sensex, …
On July 8, 2024, Man Industries (India) Limited informed in a stock exchange filing announced a significant milestone with the acquisition of a prestigious line pipe order valued at approximately ₹1,850 crore. This marks the largest single order in the company’s history, awarded by a leading international Oil and Gas firm. The project entails supplying …
