Solara jumps on merger plans
April 12, 2021
× The stock of Solara Active Pharma jumped over 9 per cent to ₹1,529 on the BSE after the company said its board has accepted the recommendations of the committee of independent directors and audit committee and has approved the amalgamation of Aurore, Empyrean and Hydra with itself.
The merger is EPS accretive and will enhance other important financial ratios for Solara, the company said in a notice to the stock exchanges.
However, the stock could not sustain its initial rally and closed with a gain of 5.11 per cent at ₹1,440.90 on the BSE.
Published on
April 12, 2021
SHARE
About You bereitet konkret Börsengang vor — Fusion mit Zalando ist abgesagt
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Börse - Immobilien-Monopoly in Österreich
wienerzeitung.at - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wienerzeitung.at Daily Mail and Mail on Sunday newspapers.
Sparer zahlen immer öfter Strafzinsen
volksstimme.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from volksstimme.de Daily Mail and Mail on Sunday newspapers.