UltraTech Cement on June 27 announced that its board had approved the acquisition of a 23 per cent equity stake in India Cements. UltraTech plans to purchase 7.06 crore shares of India Cements at ₹267 apiece, bringing the total deal value to approximately ₹1,885 crore. The promoter group holds a […]
Ultratech Cement
Indian stock market: Market indices, Sensex and the Nifty 50, snapped their three-day gaining streak on Monday, due to profit-taking at elevated levels amidst negative global indicators. After initially rising, both the Sensex and the Nifty 50 reached new intraday peaks but eventually declined due to profit-taking, in line with […]
Indian stock market: On June 3, Sensex and Nifty 50 experienced notable gains not witnessed since January 2021. Investors displayed widespread buying activity across various sectors, departing from the cautious trading seen in the previous month. This surge in market momentum followed exit polls suggesting that the Lok Sabha election […]