Adani Ports share price touched a 52-week high of Rs 768.40, rising over 2 percent in early trade on March 8 after the company board approved the issue of equity shares on a preferential basis to Windy Lakeside Investment. Also Read: Aarti Drugs share price rose more than 7 percent intraday on March 8 The…
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Adani Wilmar prepares to launch IPO of nearly $1 billion In 2021
Gautam Adani-led port-to-power conglomerate Adani Group is preparing to raise nearly $1 billion in 2021 through an initial public offering (IPO) by Adani Wilmer, people familiar with the ongoing discussions told Moneycontrol. Adani Wilmar, which aims to be the largest food company in India by 2027, is trying to muscle its way in the fast-growing…
Nazara Technologies IPO to open on March 17; Price Fixed at Rs 1100
Nazara Technologies IPO, Suryoday Small Finance Bank (SFB) Public Issues will start on the 17th of this month and end on the 19th. Issues for anchor investors start on the 16th. Nazara Technologies Rs 583 crore through proposed public issues; Suryoday Small Finance Bank is likely to raise Rs 600 crore. Nazara Technologies Leading investor…
Gautam Adani; Adani Group is Making Rapid Strides in Wealth Creation
Gautam Adani, chairman of the Adani Group, is making rapid strides in wealth creation. In 2021, he will be one of the richest people in the world. According to the Bloomberg Billionaires Index, Gautam Adani’s assets grew by $ 1620 crore to $ 5000 crore (approximately Rs 3.65 lakh crore). Elon Musk, head of Tesla,…
Gainers & Losers: 10 stocks that moved most on April 13
Gainers & Losers: 10 stocks that moved most on April 13: The benchmark indices gained a percent each. The Sensex closed 660.68 points, or 1.38 percent, higher at 48,544.06 and the Nifty was up 194 points, or 1.36 percent, at 14,504.80. After the pounding of the previous day, benchmark indices ended near the day’s high…
Mcap of 4 of 10 most valued companies jump over Rs 1.14 lakh crore in a week
Four of the 10 most valued companies added Rs 1,14,744.44 crore to their total market valuation last week, with major contribution coming in from IT giants Tata Consultancy Services and Infosys. While Tata Consultancy Services (TCS), Infosys, Hindustan Unilever Limited and Bharti Airtel witnessed gains in their valuation, Reliance Industries, HDFC Bank, HDFC, ICICI Bank,…
Agreement to Purchase 25 Per cent stake in Vishwasamudra Holdings
The Krishnapatnam port in Nellore district was completely taken over by the Adani Group. Adani Ports & SEZ Limited, a Adani Group company, already has a 75% stake in the port and the remaining 25%. Adani Ports on Monday said it had agreed to buy a 25% stake in Vishwasamudra Holdings for Rs 2,800 crore…
The Stock Market Is About To Enter A Period Of Heightened Volatility
Domestic stock markets are Heightened Volatility. The Sensex opened with a small gain at 50,936 on Monday. The Nifty also started with a small gain at 14,999. Soon the two domestic indices plummeted. The Sensex touched a low of 50,701 and the Nifty a low of 14,928. Although he recovered again for a while and…
Tuesday Market closed: Nifty ends above 7,800, as govt to announce economic package
Market updates 24.03.2020 @ 3:30 p.m After the high violate in the morning session, later the markets gain the momentum, the Sensex was up 692.79 points or 2.67% at 26674.03, while Nifty was up 190.80 points or 2.51% at 7801.05. Infosys, Adani Ports, Britannia Industries, Bajaj Finance and HUL were among major gainers on the…