Ambuja Cements, part of the Adani Group, has announced its acquisition of a controlling stake in Orient Cement Ltd. for an equity value of Rs 8,100 crore. The deal was disclosed in an exchange filing on Tuesday, October 22, and is expected to significantly boost Ambuja’s cement capacity and market share in India. Deal Structure
Hyundai Motor India was listed at a price of Rs 1,934 on the National Stock Exchange, a discount of 1.3% to the issue price. The company was listed at Rs 1931 on BSE, a discount of 1.48%. Hyundai India IPO GMP The company’s shares were attracting a premium of 2.4% in the grey market, indicating
Go to Live UpdatesBajaj Housing Finance Share Price Today Live Updates, 22 Oct, 2024: The Bajaj Housing Finance share is in news and the counter closed trade on 21 Oct, 2024 at Rs 136.55. The shares touched intraday high of Rs 141.90 in the last trading session while the intraday low was at Rs 136.05.
Petrol, Diesel Price Today 22 October 2024: Oil prices dropped on Tuesday, the decline reason has been cited as US diplomatic efforts to secure a ceasefire in the Middle East. Another reason is due to low demand from China which is the largest oil importer. As per the latest report, Brent crude futures for December
Shares of UltraTech Cement gains over 1% to hit intra-day high of Rs 11,080 on NS today after the company, India’s largest cement manufacturer, reported a 36% drop in net profit for the September quarter (Q2 FY25), driven by lower revenue from operations. UltraTech Cement’s Q2FY25 Performance The cement manufacturer reported a 35.5% year-on-year (YoY)
As the countdown to Diwali and Dhanteras starts, precious metal prices including gold and silver have been scaling new highs. The price of 24 carat gold is hovering close to the Rs 80,000/10 gm mark. It has been observed that generally gold prices see an uptick in demand and prices around the festive season. Families
Go to Live UpdatesHyundai IPO 2024 Live Updates: India’s largest-ever IPO, Hyundai Motor India, is set to make its highly anticipated market debut in just a few hours. Hyundai IPO’s grey market premium has dropped to 2%, with shares trading at a Rs 45-50 premium over the issue price of Rs 1,960. This marks a
Shares of Bajaj Housing Finance to remain in focus today as the newly listed housing finance company posted reported a 21% year-on-year (YoY) increase in net profit at Rs 545.6 crore for the second quarter that ended September 30, 2024. Bajaj Housing Finance’s Q2FY25 Performance The company posted a 21% year-on-year (YoY) increase in net
In the evolving landscape of urban living, factors like rent affordability, food costs, commuting ease, and air quality significantly influence how we experience city life. As India continues to urbanize, millions of people are choosing between cities for job opportunities, lifestyle, and overall quality of life. But what makes a city truly livable? Here, real
India’s villa market is witnessing unprecedented growth, driven by rising affluence, evolving lifestyle preferences, and increasing investments from both domestic and NRI buyers. With the post-pandemic shift towards spacious living and premium amenities, luxury villas are becoming a preferred choice for high-net-worth individuals. Additionally, rapid urbanization and strong economic performance have fueled demand, leading developers
The Adani Group has released its Tax Transparency Reports for the financial year 2023-24, highlighting a substantial increase in its contributions to the exchequer. The group’s total global tax and other financial contributions amounted to Rs 58,104.4 crore, marking a sharp rise from Rs 46,610.2 crore in the previous fiscal year. ALSO READUS SEC seeks
With banks and financial institutions offering higher interest rates on fixed deposits for senior citizens compared to regular FDs, this investment avenue has now become even more attractive for elderly investors and those looking for secured and steady income. However, before parking funds in senior citizen fixed deposits, it is crucial to evaluate several factors.
The primary market continues to be abuzz with activity. This week, two companies from the SME segment – Nukleus Office Solutions and Shreenath Paper Products will launch their public offerings. Adding to the action, shares of five companies are set to be listed on the stock exchanges this week. Among them, Quality Power Electrical IPO
