Expiry day shines, Cement stocks shines ,Shriram finance down 0.97%
NIFTY 50
24,044.50
hits up 5
SCRIPT CHANGE VOLUMES
ULTRATECH CEMENTS 11749.85 5.45 23,39,734
LTIMINDTREE 5363.1 3.58 13,26,532
GRASIM IND 2635 3.24 48,49,907
NTPC 376.7 3.19 5,53,78,829
WIPRO LTD 510.5 3.09 2,10,68,569 11749.85
ULTRACEMCO -ULTRATECH CEMENTS SHINES ON 2ND STRIGHT DAY as block deals happen in counters
INDIA CEMENTS
The largest cement manufacturer in India would purchase six core shares at a cost of 267 per share from India Cements during block deals, for an enterprise value of RS 10,800 crores.
DEALS CHANGED HANDS FROM RADHAKRISHNAN DAMANI TO ULTRATECH CEMENTS ACCOUNTING TO 22.84
(6 CRORE SHARES CHANGED HANDS)
The Adthiya Brila group company
Ultratech announced earlier today that it will purchase 22.84% of the stocks in Indian cements in non-controlling financial interests as part of an exchange filling.
Last Big Deals: Acquiring complete control of the Pune-based cement company, Ambuja Cements Ltd. recently purchased Penna Cements at a higher enterprise value of $89.15 per tonne. In contrast, Ultratech Cement will not get control of India Cements following its financial investments
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