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Ambuja Cements Sanghi Industries: Adani Group completes acquisition of Sanghi Industries, revises offer price to Rs 121 90/share

Ambuja Cements, owned by billionaire Gautam Adani, has completed the acquisition of Sanghi Industries at a revised offer price of Rs 121.90 per share. The deal, funded entirely through internal accruals, gives Ambuja Cements a controlling stake of 54.51% in Sanghi Industries.

Adani Group completes acquisition of Sanghi Industries, revises offer price to Rs 121 90/share

Q2 Earnings Review: Titan Company, UltraTech Cements could give 14-16% return in 1 year

Sales/EBITDA/PBT/PAT growth for Nifty constituents was marginally better than our estimates at +5%/+21%/+27%/+28% YoY in 2QFY24.

Training for industrialists on safety practices held in NTR district

Training for industrialists on safety practices held in NTR district
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itc share price: Hot Stocks on October 20 | Havells India, Nestle India, UltraTech, ITC and Voltas

Nomura maintained a neutral rating on Havells India with a target price of Rs 1410. The 2QFY24 EBITDA was below broader consensus estimates.

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