The BSE Sensex rose 0.30% to 84,004.69 and NSE Nifty 50 was up 0.33% at 25,634.15 as of 2:11 p.m. on Friday. NDTV Profit has been tracking the action in the top dealing rooms of India’s financial capital, and this edition of ‘Heard On The Street’ provides you with buzzing action on stocks like Lloyd Engineering Works Ltd., NMDC Ltd., RBL Bank, Orient Cement Ltd., city gas distribution firms and Tube Investments of India Ltd.
Ambuja Cements' shares may attract attention after receiving unconditional approval from the Competition Commission of India (CCI) for its acquisition of Orient Cement. The company will acquire 37.90% and 8.90% of Orient Cement's share capital through a share purchase agreement and make an open offer for 26% of the expanded capital at Rs 395.40 per share.
Indian indices fell over 1% on Thursday, erasing prior gains, driven by profit-booking, concerns over foreign inflows, and weak corporate earnings. Analysts suggest mixed sentiment, with some maintaining a bullish short-term outlook for the Nifty, targeting 25,350.
Revenue: INR7,516 crores for Q2 FY25; INR15,828 crores for H1 FY25.EBITDA: INR1,111 crores for Q2 FY25 with a margin of 14.8%; INR2,391 crores for H1 FY25 with
Aug 05, 2024 / 10:00AM GMTDiksha Singh - Orient Cement Ltd - Compliance Officer, Company Secretary (video playing) Good afternoon, everyone, I, Diksha Singh, Co
Feb 06, 2024 / 08:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Orient Cement Limited Q3 FY24 results earnings conference call hosted by ICICI
Aug 06, 2024 / 08:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Orient Cement Limited Q1 FY25 Conference Call hosted by ICICI Securities. (Ope
Orient Cement share price: The stock was last seen trading 3.82 per cent higher at Rs 310. At this price, it has gained 46.85 per cent in the past one month.
After Lok Sabha Elections and Assembly elections in some States, the centre and States are expected to retain their focus on development agenda, India Cements had said on sector outlook.
The divestment is a part of Fortis’ ongoing portfolio rationalization strategy in order to focus on deepening its presence in select geographic clusters where it has a sizeable presence.