620 per cent returns: This small-cap cement manufacturing company is acquired by Ambuja Cements at an enterprise value of Rs 5,000 crore!
620 per cent returns: This small-cap cement manufacturing company is acquired by Ambuja Cements at an enterprise value of Rs 5,000 crore!
The stock gave multibagger returns of 162 per cent in just 1 year, 357 per cent in 3 years and over 620 per cent in 1 decade.
The acquisition of SIL will help ACL to strengthen its market leadership and increase its cement capacity to 73.6 MTPA from the current 67.5 MTPA. With the ongoing capex of 14 MTPA and with commissioning of 5.5 MTPA capacity at Dahej and Ametha by Q2 of FY24, the Adani Group’s capacity will be 101 MTPA by 2025.
Overnight Digest: Stocks to keep an eye on May 08!
Watch out for these large-cap stocks in Monday’s trading session!
Watch out for these large-cap stocks in Monday’s trading session!
Solid positive breakout is emerging in these stocks; do you own them?
Nifty 50 began higher, but it is expected to follow Wall Street's major futures indices. In this post, we have identified top stocks that are witnessing a solid positive breakout.
Are you looking to trade breakout stocks? Checkout this article, that lists top stocks that have seen a solid positive breakout.
A solid positive breakout is seen in these stocks; do you hold them?
Nifty 50 continued to fall amid weak global trends. In this post, we have identified top stocks that are experiencing a solid positive breakout.
Are you looking for solid stocks to trade today? Click here to learn more about stocks experiencing a solid positive breakout.
Overnight Digest: Stocks to keep an eye on February 03!
Watch out for these large-cap stocks in Friday’s trading session!
Watch out for these large-cap stocks in Friday’s trading session!
Know whats brewing in Adani Group stocks!
The group stocks witnessed heavy fall following the report of Hindenburg Research which claimed that the Indian Conglomerate has engaged in brazen stock manipulation and accounting fraud schemes over the course of decades
The Sensex slipped by 773.69 points to close at 60,205.06, while the Nifty 50 fell by 226.35 points to close at 17,891.95
A solid positive breakout is seen in these stocks; do you hold them?
Are you looking for powerful stocks with strong technical setup? Check out this article to learn more about these excellent stocks.
Nifty 50 started today’s session lower on the back of negative global trends. In this post, we have highlighted solid stocks that are experiencing excellent trading setup.
A powerful positive breakout is seen in these stocks; do you hold them?
Nifty 50 opened flat with an upward bias on favourable global trends. In this post, we have highlighted the list of powerful stocks that are experiencing a strong positive breakout.
Nifty 50 opened flat with an upward bias on favourable global trends. In this post, we have highlighted the list of powerful stocks that are experiencing a strong positive breakout.
Overnight Digest: Stocks likely to be in focus on September 08
Keep these stocks on your radar for Thursday's trading session
On Wednesday, the benchmark indices recovered in the afternoon session but closed lower towards the end of the trading session.
Adani Group hits masterstroke!
The group confirmed the deal to acquire Holcim’s stake in Ambuja Cements and ACC Ltd for $10.5 billion or Rs 81,361 crore. Holcim owns 63.19 per cent in Ambuja Cements and 4.48 per cent in ACC Limited.
The group confirmed the deal to acquire Holcim’s stake in Ambuja Cements and ACC Ltd for $10.5 billion or Rs 81,361 crore. Holcim owns 63.19 per cent in Ambuja Cements and 4.48 per cent in ACC Limited.
Overnight Digest: Stocks to be kept an eye on May 17
India VIX gained 4.4 per cent and closed at 24.53 level.
On Monday, the auto & banking stocks kept the benchmark indices in the positive territory as the rising inflation and its impact on discretionary spending kept investors cautious.
Big deal in the cement space: Adani Group buys out Holcim cement assets in India!
Interestingly, the deal is at a premium to Friday’s closing price.
During the weekend while many of us were busy partying or maybe completing some unfinished household work, Adani Group was busy striking a deal!