Adani buys Penna Cement from Reddys in Rs 10,000 crore deal
India Business News: MUMBAI: The Gautam Adani family owned Ambuja Cements is buying Penna Cement Industries in a deal valued at Rs 10,442 crore including debt, expanding i.
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India Business News: MUMBAI: The Gautam Adani family owned Ambuja Cements is buying Penna Cement Industries in a deal valued at Rs 10,442 crore including debt, expanding i.
Stock Market Today | BSE Sensex, Nifty50 Live: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in opening trade on Monday to hit
KR Choksey is bullish on Shree Cement has recommended buy rating on the stock with a target price of Rs 30,662 in its research report dated May 21, 2024.
Last week was eventful, though truncated. The BSE 500 index ended with an uptick of 664 points or 2%, following the footsteps of the headline index S&P BSE Sensex that gained 1,500 points or 2% to hit an all-time high of 75,636. The two defence PSU counters and railway play RVNL ended the week with an uptick of 35%, 32% and 27%, respectively.
The week gone by was highly volatile, with Nifty gaining 2.2% or 490 points in four sessions and hitting a lifetime high of 23,000. The week was also in the news for block deals involving over three dozen companies from large, mid and smallcap segments worth Rs 13,059 crore on screen.