ITC Limited has acquired 2,62,500 equity shares of Ample Foods Private Limited (AFPL) at a face value of ₹10 each, for a total cash consideration of approximately ₹131 crore. The acquisition includes both primary subscription and secondary share purchases. Following this transaction, ITC holds 43.75% of the total share capital of AFPL. As of 9:34 …
Bajaj Housing Finance share price declined by 4.80% on Monday and was trading at ₹115.73. This was despite reporting a robust business performance for the January-March quarter of FY25. Here is why: Q4 FY25 Performance Gross disbursements for Q4FY25 were approximately ₹14,250 crore. This was a growth from ₹11,393 crore in the same quarter last year. …
The Indian IT sector witnessed a sharp sell-off on Monday, April 7, with the Nifty IT index plunging to its 52-week low, dragging down major technology companies. Within just four months of reaching a 52-week high in December 2024, the index has reversed all gains and is now showing clear signs of stress amid fears …
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved Nuvoco Vistas Corporation Ltd.’s resolution plan to acquire Vadraj Cement Ltd. for ₹1,800 crore. The acquisition will be carried out through Vanya Corporation Pvt. Ltd., a wholly owned subsidiary of Nuvoco. After completion, Vanya will merge with Vadraj Cement, making it a 100% subsidiary of …
Adani Enterprises Limited (AEL) is the flagship company of the Adani Group, one of India’s largest and most diversified conglomerates. Over the years, AEL has evolved from a commodity trading business into an incubator of successful infrastructure and utility companies. It plays a crucial role in nurturing new businesses within the Adani Group and scaling …
This week, starting April 7, 2025, is important for investors as various corporate actions are scheduled during the 4-day trading week. The corporate action this week comprises dividends, stock splits and spin-offs of companies including Pervasive Commodities, Siemens, Ashiana Housing and others. Dividend Announcements Saraswati Saree and Ashiana Housing will trade ex-dividend, which means their …
The Adani Group has purchased a valuable 1.1-acre plot in the upscale Carmichael Road area of South Mumbai for over ₹170 crore. The deal, completed through its subsidiary Mah-Hill Properties on March 27, 2025, also included a stamp duty payment of ₹10.46 crore, according to property records accessed by CRE Matrix. Property Details and Historical …
Yes Bank share price was down 3.96% and was trading at ₹16.51 on the NSE. This follows the recent declaration of its Q4 FY25 financial results. It has reported an 8.2% year-on-year growth in loans and advances, reaching ₹2.46 lakh crore as of March 31, 2025. Yes Bank’s Financial Performance Yes Bank share price is expected to …
On April 7, 2025, at 12:34 PM, the NIFTY 50 stood at 21,799.80, down by 1,104.65 points (-4.82%), while the BSE Sensex dropped to 72,020.44, losing 3,344.25 points (-4.44%). Currently, there are no top gainers in the Nifty 50. The mid-day top losers for the day are: Mid-Day Top Losers Company Name Open (₹) High …
Oil & Gas stocks are in focus on Monday as Brent crude oil prices hover near $60 per barrel, while US WTI crude has fallen below this level. This decline in crude prices is expected to impact Indian companies involved in refining and petroleum product manufacturing. Why Are Crude Prices Falling? Crude oil prices have …
