CRR_Call Tracker

Text/HTML

Text/HTML

ValueProductView

ValueProductPastPerformance

Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days
The Indian Hotels Company Ltd. 24/08/2023401.85517.9007/02/2024 28.88% 167 days

CRR_MVC_PastPerformance

Text/HTML

Our Other Trader Products

EasyDNNNews

Gayathri Udyawar
/ Categories: Trending, Markets

UltraTech bags Binani Cement

Finally, the lenders of Binani Cement voted for UltraTech Cement’s Rs. 7,950 crore bid on Monday, which is nearly Rs. 1,000 crore higher than that of Dalmia Bharat Group's offer.

On May 2, the National Company Law Tribunal (NCLT) had ruled that the aim of the Insolvency Bankruptcy Code was to find maximum value for the distressed company and demanded that the lenders consider the offer made by UltraTech. Earlier, the Committee of Creditor (CoC) of Binani Cement had refused to accept the bid of UltraTech, a wholly-owned subsidiary of Aditya Birla Group. In response to this, UltraTech made a backdoor entry by dealing directly with Binani Industries, the parent company of Binani Cement.

The CoC of Binani Cement was led by Edelweiss Asset Reconstruction Company and included Bank of Baroda, Bank of India, IDBI Bank and SBI. The company owes Rs. 6,469 crore to the creditors.

Meanwhile, the stock of Ultratech Cement was quoting Rs. 3,715.95 down by 0.43 per cent, Binani Industries was at Rs. 94.00, up by 4.16 per cent.

Previous Article Index trend and stocks in action May 29, 2018
Next Article Five stocks with buying interest
Print
705 Rate this article:
5.0
Please login or register to post comments.

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR