News for Akzo Nobel India Limited (AKZOINDIA.NS)

Asian Paints sells stake in Akzo Nobel India, GAIL extends gas agreement, SEBI proposes new guidelines, companies announce strategic investments.

Asian Paints had acquired a stake in Akzo Nobel in fiscal year 2017-18, when the fair value of the holding was around Rs 359.81 crore. The company has now sold its entire stake through an open market transaction, offloading over 20 lakh shares at approximately Rs 3,651 per share on the NSE. The deal is valued at about Rs 730 crore.

JSW Paints to acquire 74.76% stake in Akzo Nobel India for up to ₹8,986 crore, marking a major consolidation move in India’s competitive paints industry.

JSW Paints acquires Akzo Nobel's stake in Indian unit, taking full control of the firm. Stay tuned for updates.

Stocks including Zomato, Escorts Kubota, RVNL, Cochin Shipyard, Alembic Pharma, RITES, Auro Pharma, HG Infra, CESC and more will be in the spotlight on Monday, November 26.

Over 40 companies will have their shares trade ex-dividend, with actions such as dividend payouts, bonus issues, amalgamations, and stock splits scheduled for the next five days.

Indian indices, Sensex and Nifty, closed lower on Tuesday, driven by declines in banking, financial, and auto stocks. Sensex fell 821 points and Nifty dropped 258 points. October CPI inflation rose to 6.21%, fueling market concerns for Wednesday.

Indian benchmark indices experienced their worst monthly performance since March 2020 due to record foreign outflows and weak corporate earnings. The NSE Nifty 50 fell by 0.56% and the BSE Sensex dropped by 0.69%, both losing around 6% in October. Analysts anticipate continued volatility, with key support for Nifty at 24,000 and resistance at 24,500.

The Nifty50 index ended slightly higher on Wednesday after hitting a record 25,129.6, driven by IT stock gains and expectations of a US rate cut. Analysts suggest Nifty faces resistance near 25,075-100 and could remain volatile within the 24,750–25,250 range.

Stocks to watch today, August 2, 2024: GIFT Nifty indicates a somber start for the benchmark equity indices on Friday. Here is the list of buzzing stocks to watch during today's trading session

Some of India's top companies will release their quarterly results on Thursday, August 1. Find the list of all 80+ firms that will announce their Q1 results.

Stocks to watch today, August 01, 2024: GIFT Nifty indicates a positive start for the benchmark equity indices on Thursday. Here is the list of buzzing stocks to watch during today's trading session

Honeywell appoints new MD, TVS Motor expands in Italy, Persistent Systems gets new CFO, VECV partners with iTriangle.

Asahi India Glass exhibited a notable breakout above the symmetrical triangle breakout zone at Rs 625, confirmed by a strong bullish candle on the daily chart, said Axis Securities.

Q3 results today: Godrej Properties Ltd, Max Financial Services Ltd, Navin Fluorine International Limited, Redington Ltd, Reliance Capital Ltd, Tata Teleservices (Maharashtra) Ltd, and many other stocks will be in focus today as they will declare their Q3 results

Stocks to watch: Check out the companies making headlines before the opening bell today, on October 11, 2023.

uzzing stocks: Coal India, Max Healthcare, JSW Steel, Ashok Leyland, CMS Info, ITI, HFCL, Wockhardt, Thangamayil, Akko Nobel, Amara Raja, Fortis Healthcare, JSW Energy, Somany Ceramics

Based on the OI percentage, 71 stocks were on the short-covering list. These included IRCTC, Abbott India, Aarti Industries, Divis Laboratories, and Balrampur Chini Mills.

Indian benchmark indices reversed early morning gains on Thursday on the back of weakness in index heavyweight Reliance Industries (RIL), Bajaj twins, Asian Paints and Hindustan Unilever (HUL). The S&P BSE Sensex was down 200 points or 0.38% to near 53,535 while the Nifty 50 index gave up 16,000.