ITD Cementation shares skyrocket over 17% on Adani Group’s acquisition plans
At current market value, a successful deal would be pegged at 5,888.57 crore ($700 million), inclusive of a fully subscribed open offer that will follow a promoter stake purchase.
ITD Cementation shares jump 20% to upper circuit on Adani Group acquisition news; co clarifies
ITD Cementation stock jumped after a news report that Adani Group is the frontrunner for buying out the promoters' stake in the firm, including a fully subscribed open offer post acquisition.
ITD Cementation Soars 20% on Adani Group Stake Buy Reports
Shares of ITD Cementation India Ltd surged 20% after reports suggested Adani Group's potential acquisition of a promoter stake. The company later clarified that there is no conclusion on the proposed divestment.
Adani Group To Pick Up 47% Stake In ITD Cementation As It Looks To Supercharge Portfolio: Report
The Adani Group, led by billionaire Gautam Adani, is reportedly planning to acquire a 46.64% stake in ITD Cementation India. What Happened: The Adani Group has emerged as the top contender to acquire the promoter’s stake in ITD Cementation India,
ITD Cementation shares surge over 15% amid reports that Adani Group leading bid for 46.64% promoter stake
ITD Cementation India's shares surged over 15% amid reports that the Adani Group is poised to acquire a 46.64% stake, potentially valued at ₹5,888.57 crore. The stock has increased by 189% from its 52-week low,
Adani Energy Solutions valued at $18.5 bn; revenue to grow 20% over 3 years
Adani Energy Solutions Ltd, power transmission utility of the Adani group, is valued at USD 18.5 billion at enterprise level ...
Adani Energy Solutions shares could rise up to 125%, says global brokerage Cantor
The research report expects Adani Energy's revenue to grow at a CAGR of 20 percent from fiscal 2024 to 2027 and is ...
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Adani Energy Solutions Valued at USD 18.5 Billion: Revenue to Grow 20%
Adani Energy Solutions (AESL), the power transmission utility of the Adani group, is valued at USD 18.5 billion and is ...
Adani’s resurgence: A $5-7 bn war chest for cement, ports, defence acquisitions
The three-decade-old Adani group is building up massive funds to fuel its most aggressive growth strategy ever as it rebounds ...
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Explained — The 20% upper circuit in shares of ITD Cementation
CNBC-TV18 had reported on August 1 that KEC International had emerged as the front-runner to acquire this promoter stake in ...
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Adani Stocks Plummet Amid Swiss Money Laundering Probe
Seven Adani Group stocks fell on Friday as Swiss authorities froze $311 million held by a Taiwanese resident over money ...
Major Adani Shares In Red After Hindenburg's Latest 'Swiss' Allegations; Adani Power Loses Over 1.5%
Another major Adani company that has recently seen its profile rise. the Adani Ports also saw its shares trade in red. Adani ...
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Adani Power, Adani Green Energy Shares Surge
Adani Power shares surged over 5% after winning a bid to supply 6,600 MW of bundled renewable and thermal power to ...
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Adani Group Wins Major Power Supply Contract for Maharashtra: Stocks Surge
Adani Group's bid to supply 6,600 MW of renewable and thermal power to Maharashtra boosts shares of Adani Power and Adani ...
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An Adani Group company may double from current levels according to this global analyst
Cantor Fitzgerald admits that Adani Energy Solutions as a stock is more expensive on a multiple basis, but it is also growing ...