Advent International buys more than 50 per cent stake for Rs 6300 crore in this pharma company. Do you own it?
Advent International buys more than 50 per cent stake for Rs 6300 crore in this pharma company. Do you own it?

Advent International buys more than 50 per cent stake for Rs 6300 crore in this pharma company. Do you own it?

Advent is expected to buy 51 per cent of the promoter’s stake in the company and launch an open offer for an additional 26 per cent

Bhavya Rathod Article rating: 4.3

The company released a press release on Monday, stating Advent International has entered into definitive agreement to acquire significant stake in the company and intends to explore the merger of  its portfolio company

Overnight Digest: Stocks likely to be in focus on June 22
Overnight Digest: Stocks likely to be in focus on June 22

Overnight Digest: Stocks likely to be in focus on June 22

Sectorally, the indices settled in green with IT, metal, oil & gas, power, realty and PSU Bank gaining between 3 per cent and 6 per cent.

Shreya Chaware Article rating: 4.4

On Tuesday, the domestic equities continued the upwards journey for the second straight session as low-level buying pushed benchmark indices higher. Lack of major selling reasons in the domestic and global market along with a drop in commodity prices seems to have augured well for the markets. 

Stocks below Rs 100: Only buyers seen in these scrips on June 21
Stocks below Rs 100: Only buyers seen in these scrips on June 21

Stocks below Rs 100: Only buyers seen in these scrips on June 21

At noon on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading higher by a per cent each.

Sayali Kotwal Article rating: 4.3

At noon on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading higher by a per cent each. Sensex was at 52,380.30, up by 782.36 points or 1.52 per cent while Nifty 50 was at 15,588.05, up by 237.90 points or 1.55 per cent.    

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