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Sudarshan Chemical Industries announced the acquisition of Heubach Group for Rs 1,180 crore. Shares surged 20% on the news. Heubach Group is the world's second-biggest pigment company.
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News and Media
Rajiv Jain's GQG Partners has significantly increased its stake in Ambuja Cements to 2.05% in Q3 2024. Despite the stock's 31% annual return outperforming the Nifty index, Ambuja is expected to see a decline in revenue and profit in the latest quarter reported.
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News and Media
The GMP for Hyundai India is declining ahead of the IPO opening next week, with shares currently commanding a GMP of approximately Rs 139, reflecting a marginal premium of 7% over the issue price. The IPO consists of a complete OFS of 14.2 crore shares by the Korean parent company, priced between Rs 1,865 and Rs 1,960. At the upper end of this range, Hyundai India is valued at Rs 1.6 lakh crore.
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News and Media
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