A decisive move above 24,537 is likely to open the next upside target of 24,900 in the near term. The immediate support is placed at 24,300, as per the concept of change in polarity
Sagar Cements Ltd, the promoter entity, intended to sell the equity shares via OFS route to comply with the requirements of minimum public shareholding
Analysts at Emkay Global believe heightened M&A activity (like the recent Sanghi and Kesoram acquisitions) has induced a state of euphoria among small/mid-size cement players
Indian CEOs are expecting a decline in growth prospects of companies and the country, but are expecting to bounce back in the short-term, a report said
The geopolitical tensions between Russia and Ukraine have resulted in sharp increase in pet coke and coal prices, thereby, denting overall profitability of the business.
The board is scheduled to meet on July 01, 2021, to consider a proposal to sub-divide (split) the face value of the equity shares of the Company from Rs 10 each into an appropriate amount
The stock hit a new high of Rs 1,048, up 15%, extending its past three days gain after the HDFC Mutual Fund bought an additional 2.55% stake in the company via open market.
The stock surged 17% to Rs 727 on BSE in intra-day trade after the board fixed an issue price of Rs 800 per share for of 611,986 equity shares on preferential basis.
