[ad_1] The market dynamics in the wires and cables sector is shifting as major players like Adani Group enter the space, says Praveen Sahay, Vice President of Institutional Research at PL Capital Group. Following UltraTech Cement, Adani’s presence is reshaping industry competition and influencing stock valuations, he said. The entry of large corporations has triggered a […]
Sensex Today | Stock Market LIVE Updates: Nifty set for its worst monthly losing streak in 28 years; 22,500 remains key
[ad_1] Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session mixed. Nifty 50 closed at 22,547.55, while Sensex ended at 74,602.12. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,729.8 points below its record high of 26,277.35. Overnight, Wall Street […]
UltraTech board meet today to approve India Cements’ acquisition – CNBC TV18
[ad_1] Aditya Birla Group’s UltraTech Cement is likely to acquire India Cements by buying out promoter stake, sources suggest that Ultratech Cement’s board is likely to meet on July 28 to approve acquisition. Ultratech will buy N Srinivasan’s 28.42% stake in India Cements, increasing its stake to 51%. The deal will trigger an open offer […]