Trends on SGX Nifty indicate a cautious opening for the indices
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Trends on SGX Nifty indicate a cautious opening for the index in India with a 20 points loss. At 09:02 AM, the Sensex was up 75.11 points or 0.14 percent at 52810.70, and the Nifty was up 7.30 points or 0.05 percent at 15822.00. The Nifty futures were trading at 15,854 on the Singaporean Exchange. The Nasdaq and S&P 500 hit all-time highs on Monday, fuelled by tech stocks as investors expect a robust earnings season while interest rates remain low. Big tech companies including Facebook, Netflix, Twitter and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.
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Benchmark NSE Nifty index was trading -13.30 points down at 13968.65 on Thursday on account of selling in frontline bluechip counters.
Among the stocks that touched their 52-week highs on NSE were: Archidply Decor; Ansal Properties & Infrastructure; Bajaj Finance; Deepak Nitrite; Housing Development Finance Corporation (HDFC Ltd); Jet Airways; MindTree; Motherson Sumi Systems; Persistent Systems; Suzlon Energy; Wockhardt; Tech Mahindra.
Overall, 16 shares were trading in green in Nifty50 index, while 34 were trading in red in the afternoon trade.
In the Nifty 50 index, HDFC, Maruti Suzuki, ICICI Bank, Divis Labs and Larsen & Toubro were among top gainers, while Shree Cements, UltraTech Cement, Tech Mahindra, Axis Bank and Grasim Industries were trading in red.
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NEW DELHI: Shares of Ansal Properties & Infrastructure climbed 5 per cent in Thursday s trade after the real estate company agreed to sell its entire 66.24 per cent stake in IT SEZ in Greater Noida to Migsun group.
In a regulatory filing, Ansal Properties said the company has entered into an agreement to sell its entire shareholding of 66.24 per cent held in its subsidiary firm Ansal IT City and Parks, which owns IT Park of 37.5 acres of land at Greater Noida to Mahaluxmi Infrahome, part of Migsun Group.
Following the development, the stock rose 5 per cent to Rs 11.43 on BSE.
The deal is subject to the approval of regulatory authorities of SEZ, Greater Noida Industrial Development Authority, and the Ministry of Commerce.
Ansal Properties & Infrastructure Limited to garner funds upto Rs. 100 crore
Posted On: 2020-12-18 02:41:33 (Time Zone: Arizona, USA)
Ansal Properties and Infrastructure Limited (referred to as Ansal API or the Company , NSE: ANSALAPI, BSE: 500013), one of the oldest and leading real estate developers in Northern India, held a board meeting on the 18th of December, 2020 to consider the issue and allotment of Warrants to non-promoter (Public) investors in line with the Companies Act, 2013 & SEBI regulations governing the issue of Warrants. The Board has considered and approved the issue and allotment of 5,00,10,000 Nos. of Warrants to Non Promoter (Public) investors, which would eventually be converted into Equity share of the company giving the investors 5,00,10,000 Nos. of Equity shares representing 24.11% of the post issue equity outstanding. For this, a total of Rs. 35 Crores will be invested through Warrants and shall be utilised for reducing debt and speed up develop
Ansal Properties to raise Rs 100 crore, to focus on completion of existing projects
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Real estate developer Ansal said it will raise Rs 35 crore through issue of warrants to non-promoters, as part of its plan to raise Rs 100 crore in the next few months.
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Real estate developer Ansal said it will raise Rs 35 crore through issue of warrants to non-promoters, as part of its plan to raise Rs 100 crore in the next few months.
Ansal Properties and Infrastructure Limited, in its board meeting on Friday, approved the issue and allotment of 5,00,10,000 Warrants to Non Promoter (Public) investors, which would eventually be converted into equity share of the company giving the investors 5,00,10,000 of Equity shares representing 24.11% of the post issue equity outstanding.