News for Sanghi Industries Limited (SANGHIIND.NS)

NCLT approves Adani Cementation merger with Ambuja Cements, consolidating Adani Group's cement business for synergistic benefits.

Paytm expands to Saudi Arabia, Adani exits FMCG, SBI oversubscribed QIP, ONGC-BP collaboration, Emami invests in pet care, and more.

Ambuja Cements receives NSE approval to merge Sanghi Industries, enhancing efficiency and boosting shareholder value.

Adani Group stocks saw significant gains on Tuesday as the NSE Nifty 50 and BSE Sensex rebounded from the previous session's slump. The Nifty 50 opened 1.8% higher at 22,568.65, while the Sensex surged 1.63% to 74,331.78, reflecting renewed investor confidence.

Adani Group stocks in focus: Adani Energy gains on acquiring Mahan Transmission, Adani Green’s arm secures new contract, Adani Enterprises, Adani Ports, Adani Power trades flat

Buzzing Stocks Today, Stocks that will see action today: 7 March 2025 - TCS, Aarti Drugs, BEL, K&R Rail, Ambuja Cements, BEL, Coromandel Intl, Jay Bharat Maruti, Kalpaturu Projects, Laurus Labs, Biocon, Brigade group, RVNl, RITES, Firttsource, and Avanti Feeds

This positive trend comes a day after all Adani Group stocks ended lower on Monday

India Business News: Adani Group stocks experienced a significant recovery on Tuesday, with Adani Power leading the surge by 19.29%. Other notable increases included Adani

Ambuja Cement is merging with Sanghi Industries Limited (SIL) and Penna Cement Industries to enhance governance, efficiency, and competitive strength. The merger will solidify Ambujas market leadership and support long-term growth.

Under the proposed scheme with Sanghi Industries, shareholders will receive 12 Ambuja Cements shares for every 100 Sanghi shares held. Ambuja, already the promoter with a 58.08% stake in Sanghi, seeks to fully integrate the business to drive efficiency and growth.

Ambuja Cements will issue 12 equity shares of a face value of ₹2 each for every 100 equity shares of Sanghi Industries, says Adani Group

Shares of Adani Energy Solutions Ltd were trading 6.55 per cent higher at Rs 704.55. Adani Green Energy Ltd jumped 5.51 per cent to Rs 1,043.85. The two stocks have been put under the first stage of the short-term ASM on NSE and BSE.

The group stocks of billionaire Gautam Adani staged a comeback a day after the conglomerate's market cap nosedived as it rejected the

May 02, 2024 / NTS GMTOperator Ladies and gentlemen, good day, and welcome to the earnings conference call for the quarter and year ended March 31, 2024 of Ambu

The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.

Ambuja Cements, owned by Adani Group, saw an investment boost from GQG Partners, increasing their stake to 2.04%. Shares rose 4% following the deal. The Adani Group plans to raise Rs 30,000 crore by selling shares in its listed firms. Adani is aggressively expanding its cement business to challenge market leader UltraTech.

Shares of cement companies have slid up to 19 per cent in the last four weeks on the NSE, against a 1.06 per cent jump in the benchmark Nifty50: Cement Stocks

The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies

Bank of Maharashtra: Care Ratings has assigned CARE AA+ rating to the bank's Rs 1,000 crore Tier II Bonds and suggested a stable outlook. It reaffirmed its rating and outlook for three other Tier II bonds amounting to Rs 3,600 crore.