The cement player will sell up to 66.76 lakh equity shares, representing 7.24% of the total paid-up equity share capital of its subsidiary Andhra Cements Ltd, at a floor price of ₹52 per share. Shares of Sagar Cements Ltd ended…
The order pertains to the EPC of monopoles, including foundation works, for the 220 kV Kalwa-Kalyan-Pal transmission line project in Mumbai.
Despite the recent volatility, the analyst community maintains a near-consensus “buy” for shares of HDFC Bank. Out of 47 analysts covering the stock, 45 maintain a “Buy” rating, with not a single “Sell” call currently among analysts.
The cancellation of the government’s plan to divest stake has eroded over ₹15,000 crore from the stock’s market value in a single day. But the valuation may still not be compelling.
Manoj Menon, Head-Research & Consumer Analyst at ICICI Securities, says the FMCG sector may not see broad-based gains as demand headwinds and competition weigh on earnings. He believes the space will be stock-specific, with strong players like Marico, Godrej Consumer…
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In currency markets, the rupee ended slightly stronger at 92.42 per dollar, compared with Friday’s close of 92.46.
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Bhavesh Shah, MD & Head of Investment Banking at Equirus Capital, says SEBI’s eased public shareholding norms will help large companies launch mega IPOs while reducing dilution pressure at listing. By allowing companies more time to reach 25% public ownership,…
Allcargo Terminals Ltd reported 57,600 TEUs in Feb 2026, an 8% YoY increase. Shares of Allcargo Terminals Ltd ended at ₹22.62, down by ₹0.67, or 2.88%, on the BSE.