Gainers & Losers: 10 stocks that moved the most on December 21
All sectoral indices ended in the red. The Nifty PSU bank index shed 7 percent, while metal, infra, bank, auto and energy indices fell 4-5 percent. December 21, 2020 / 04:51 PM IST The market snapped its six-day winning streak as it went into a freefall in the second half, dragging Nifty below 13,350 on fears of a new wave of coronavirus in the UK. Mahindra and Mahindra | CMP: Rs 685.95 | Mahindra and Mahindra share price shed more than 6 percent after the company’s farm equipment sector announced that effective January 1, 2021, it will increase the price of its range of tractors across models. This has been necessitated due to the increase in commodity prices.
Oberoi Realty Limited s subsidiary acquires hotel property for Rs. 1040 crore
Posted On: 2020-12-19 10:24:43 (Time Zone: Arizona, USA)
Evenstar Hotels Private Limited ( Evenstar ), a wholly owned subsidiary of Oberoi Realty Limited, has purchased and taken possession of a hotel property (together with appurtenant
rights, proportionate interest in common areas, and conveniences) situate at Dr. Annie Besant Road, Worli, Mumbai, for a consideration of Rs. 1040,00,00,000 (Rupees One Thousand and Forty Crore only).
The hotel property is a 221 key 5 Star hotel and will be operated and managed under the Ritz-Carlton brand. Prior to the acquisition by Evenstar, the hotel property was owned by Oasis Realty (an association of persons), and is part of the project Three Sixty West developed by Oasis Realty.