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NUVOCO VISTAS ACQUISITION
Nirma Group’s Nuvoco Vistas acquires Gujarat-based Vadraj Energy in Rs 200 crore dealIn a strategic move, Nuvoco Vistas Corporation, the cement division of Nirma Group, has finalized an all-cash acquisition of Vadraj Energy,...- Nuvoco Vistas reports strong Q2 performance with 62% EBITDA surgeNuvoco Vistas reported a profit of Rs 36.43 crore for the September quarter. This marks a significant turnaround from a loss in the same pe...
- Nuvoco Vistas to spend Rs 200 crore to expand capacity by 4 million tonneNuvoco Vistas Corp will invest Rs 200 crore to boost its production capacity in east India by 4 million tonnes by fiscal 2027. This expansi...
- NCLAT sets aside plea against Nuvoco Vistas bid for Vadraj CementThe NCLAT upheld the acquisition of Vadraj Cement by Nuvoco Vistas Corporation, dismissing an appeal by employees regarding gratuity payout...
- Nuvoco Vistas shares rally 9% as Q1 profit jumps multi-fold to Rs 133 croreNuvoco Vistas shares: The East India-based cement company reported a significant jump in consolidated net profit for the April–June quarter...
- Nuvoco Vistas Q1 profit surges to Rs 133 crore on higher sales, flat costsNuvoco Vistas reported a sharp jump in Q1FY26 profit to ₹133 crore from ₹2.84 crore a year ago, driven by 9% revenue growth and stable expe...
- Nuvoco Vistas makes Rs 1,800 crore payment to complete Vadraj cement acquisitionNirma Group's Nuvoco Vistas Corp has completed its acquisition of debt-ridden Vadraj Cement by making a payment of Rs 1800 crore to lenders...
- Nuvoco Vistas completes Rs 1800 cr Vadraj cement acquistionNirma Group's Nuvoco Vistas Corp has completed its acquisition of debt-ridden Vadraj Cement by making a payment of Rs 1800 crore to lenders...
- Nuvoco Vistas plans to raise Rs 1,200 crore for Vadraj buyoutNuvoco Vistas plans to raise ₹1,200 crore through CCDs and CCPS in Vadraj Cement to refinance bridge facilities used for the ₹1,800 crore a...
- Nuvoco Vistas gets NCLT nod to acquire Vadraj CementNirma group's Nuvoco Vistas Corp Ltd has received approval from the National Company Law Tribunal to acquire Vadraj Cement, formerly owned ...
- NCLT approves Nuvoco Vistas's bid for Vadraj CementThe insolvency tribunal NCLT has approved Nirma Group's Nuvoco Vistas acquisition of the debt-ridden Vadraj Cement, involving an upfront pa...
- Bankruptcy court okays Vadraj Cement’s acquisition by Nuvoco Vistas CorpThe National Company Law Tribunal's Mumbai bench has approved Nuvoco Vistas Corp Ltd's acquisition of Gujarat-based Vadraj Cement for Rs 1,...
- Buy Nuvoco Vistas, target price Rs 420: HDFC SecuritiesHDFC Securities recommends buying Nuvoco Vistas Corporation with a target price of Rs 420. The company's current market price is Rs 354.5. ...
- Nirma Group company outbids Ambuja in insolvency sale of Vadraj CementNirma Group-backed Nuvoco Vistas has offered ₹1,800 crore to acquire Vadraj Cement, outbidding Adani Group during a court-monitored corpora...
- Nuvoco Vistas to acquire Vadraj Cement through insolvency routeNuvoco Vistas Corp will acquire Vadraj Cement, increasing its production capacity by over 20%. The acquisition deal is subject to approval ...
- Buy Nuvoco Vistas Corporation, target price Rs 645: ICICI SecuritiesNuvoco Vistas Corporation Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 18848.92 Crore) operating ...
- Debutant stock trades below IPO price; brokerage sees 54% upsideHDFC Securities' institutional team pegs the loss-making Nuvoco Vistas at 11 times its consolidated September 2023 Ebitda to arrive at a 12...
- Buy Nuvoco Vistas Corporation, target price Rs 827: HDFC SecuritiesNuvoco Vistas Corporation Ltd. key Products/Revenue Segments include Cement, Other Operating Revenue and Scrap for the year ending 31-Mar-2...
- Nirma Group-backed Nuvoco Vistas files papers for Rs 5,000-crore IPOAs per the draft papers, Nuvoco Vistas will issue fresh shares worth Rs 1,500 crore through public offer and its promoter Niyogi Enterprise...
- Nuvoco Vistas likely to file DRHP for Rs 5,000 crore IPO this weekThe IPO includes a fresh issue of Rs 1,400-1,500 crore and an offer for sale of Rs 3500 crore by the promoters, according to market sources.
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