Why Future Retail share rose 5% today
Future Retail Stock touched an intraday high of Rs 47, rising 4.91% against previous close of Rs 44.75 on BSE.
BusinessToday.In | April 5, 2021 | Updated 14:29 IST
Future Retail share is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
Future Retail share hit upper circuit of 5% today after Mukesh Ambani-led Reliance Retail Ventures extended the timeline to complete its Rs 24,713 crore deal with Kishore Biyani-led Future group for six months. The stock has gained 10.07% in the last 2 days.
The stock opened with a gain of 3.68% at Rs 46.95 against previous close of Rs 44.75 on BSE. Later, Future Retail Stock touched an intraday high of Rs 47, rising 4.91%. Future Retail share is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. However, the share has lost 34% in one year and fallen 40% since the beginning of this year.
Stock in news: Reliance, Future Retail, Dalmia Bharat, Vedanta, SBI Cards
Shares of Reliance, SBI, Future Retail, Dalmia Bharat, Vedanta, SBI Cards will be in focus in Monday s trading session
BusinessToday.In | April 5, 2021 | Updated 09:54 IST
Stocks to watch today: Reliance, SBI, Future Retail, Dalmia Bharat, Vedanta, SBI Cards
The domestic bourses, Sensex and Nifty, are expected to open lower on Monday, tracking negative trading at Nifty futures on the Singapore Exchange. Among the individual stocks, shares of Reliance Industries, State Bank of India, Future Retail, Dalmia Bharat, Vedanta, SBI Cards, Britannia Industries and Adani Enterprises will be in focus in Monday s trading session.
Why Future Retail share rose 5% today- Business News businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
RIL-Future Retail: Deadline to complete Rs 24,713 cr deal extended by 6 months
The Delhi High Court on March 21 stayed the single judge bench order restraining Future Retail and Reliance Retail from carrying forth the Rs 24,713 crore deal
BusinessToday.In | April 2, 2021 | Updated 14:28 IST
The deal has been opposed by Jeff Bezos-led Amazon, and both Future and RIL are facing legal hurdles
Mukesh Ambani-led Reliance Retail Ventures has extended the timeline to complete its Rs 24,713 crore deal with Kishore Biyani-led Future group for six months. Future Retail, in a regulatory statement, confirmed Reliance Retail has extended the timeline for the Long Stop Date from March 31, 2021 to September 30, 2021. The deal has been opposed by Jeff Bezos-led Amazon, and both Future and RIL are facing legal hurdles in sealing the deal.
Delhi High Court Orders Status Quo On Future Group-Reliance Retail Deal
Feb 03 2021, 10:58 AM
February 02 2021, 5:07 PM
February 03 2021, 10:58 AM
A single-judge bench of Justice JR Midha of the Delhi High Court has directed a status quo on the Rs 27,513-crore deal between the Future Group and billionaire Mukesh Ambani-led Reliance Retail Ventures Ltd.âThis court is satisfied that immediate orders are needed to protect the rights of the petitioner (Amazon.com Inc.) till the pronouncement for the reserved order. In that view of the matter, the respondents (Future Group) are dire.
A single-judge bench of Justice JR Midha of the Delhi High Court has directed a status quo on the Rs 27,513-crore deal between the Future Groupand billionaire Mukesh Ambani-led Reliance Retail Ventures Ltd.