- Buy Grasim Industries, target Rs 1,405: Sharekhan
Buy Grasim Industries Ltd. at a price target of Rs 1405.0 .
Aditya Birla Group mixes services into its portfolioThe shareholders are currently voting to approve this amalgamation (voting ends first week of April). Grasim and Nuvo together hold 28% of ...
Aditya Birla Nuvo-Grasim merger: LIC may decide to give its go-ahead in a week or two, says Kumar Mangalam BirlaThe chairman of the Aditya Birla Group met LIC's officiating chairman VK Sharma to explain to him the merger of AB Nuvo and Grasim.
AB Birla Group rejig to help financial services join big leagueGrasim shareholders have been telling us that they need another growth engine like UltraTech. Finserv will be another growth engine for Gra...
India on an upward trajectory in long term: Nitasha Shankar, Yes SecuritiesOn a fundamental basis the private banks are better placed than the PSU banks but the valuations for most of the private sector banks are q...
AB Nuvo slips 18 per cent while Grasim logs modest gains after mergerThe financial services business, which was owned by Nuvo, would be spun off and listed separately after the completion of the merger, with ...
AB Nuvo, Grasim crash up to 17% on merger newsShares of AB Nuvo nosedived 18.08 per cent to hit a low of Rs 1,196.70 on Friday morning, while Grasim slumped 5.77 per cent to Rs 4,277.
Get private equity, merger is bad for minority shareholders: Anil Singhvi, Ican InvestmentSinghvi says the merger to increase shareholding in Grasim is done at the cost of minority shareholders.
Street gives a thumbs down to Aditya Birla Nuvo and Grasim Industries mergerAs part of the group restructuring, Aditya Birla Nuvo will be first merged into Grasim following which the financial services business will...
Market gives a thumbs down to the merger of Aditya Birla Nuvo and GrasimAs part of the group restructuring, Aditya Birla Nuvo will be first merged into Grasim following which the financial services business will...
AB Nuvo-Grasim merger to create a company worth Rs 60k-crWith diverse businesses spanning manufacturing and services, the combined company provides a play on India’s growth story.
Ten things to know about AB Nuvo and Grasim Industries mergerThe reorganisation will see the demerger of AB Financial Services from AB Nuvo and that separate entity will be listed on stock exchanges.
Aditya Birla Group rejig may lead to Grasim-Nuvo mergerTwo-step recast may involve merger of Grasim and parts of AB Nuvo, followed by hiving-off of Nuvo’s finance services business into separate...
Grasim Industries gains 15% in past three months; closes at eight-year highAfter trading in a range over the past three years, the Grasim Industries stock has gained 15% in the past three months. It closed at an ei...
Aditya Birla Chemicals merger with Grasim Industries to be margin accretiveOne of the advantages of the merger is that the caustic soda business is relatively stable than the VSF business, where Grasim also operate...
- Grasim Industries Q1 net profit up 30.71% to Rs 751.67 cr
Grasim Industries' consolidated net sales for the three months ended June 30, 2011, increased by 16.15 per cent to Rs 5,872.10 crore, as ag...
- Grasim Industries to acquire one-third stake in Domsjo Fabriker
Grasim will invest Rs 280 crore in purchasing shares of Aditya Holding AB, which acquired the foreign firm through its 100% subsidiary, Adi...