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 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 Hits Upper Circuit As Reports Say Adani Leads Race To Acquire Stake
Following the news, which is not confirmed by both parties in discussion, shares of ITD Cementation snapped a three-day losing streak.
ITD Cementation surges 18% amid Adani Group's promoter's stake buy buzz
Italian Thai Development Public Company, the Promoter shareholder of the company, informed that they are exploring a potential possible divestment of their investments in ITD Cementation
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 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 ...
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 Energy Solutions valued at $18.5 billion; revenue to grow 20%
New Delhi: Adani Energy Solutions Ltd, power transmission utility of the Adani group, is valued at $18.5 billion at ...
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 ...
Press Trust of India on MSN6d
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 ...
Adani Energy Solutions to see 20 pc CAGR revenue growth with over 100 pc upside for stock
As India doubles down on electrification to connect more rural areas, Adani Energy Solutions Ltd (AESL) -- with its ...
Gautam Adani set to buy this engineering company for Rs…
By this deal Gautam Adani’s group has taken a strategic step to expand its business in India's growing engineering sector.
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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 ...