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SATHAVAHANA ISPAT
Jindal Saw's bid to acquire Sathavahana Ispat okayed"The resolution plan shall be binding on the Corporate Debtor, its employees, members, and creditors, including the Central Government, any...
Jindal Saw set to acquire Sathavahana Ispat under IBC for Rs 530 croreBillionaire Anil Agarwal-promoted Vedanta Ltd was also in the fray to acquire the stock exchange listed steel maker. In a statement to the ...
Rimjhim Ispat acquires BRG Iron & Steel in liquidationWhen Rimjhim Ispat made the first bid, it had offered Rs 500 crore under the debt restructuring process, but the offer was rejected by 98% ...
Jindal Saw likely to acquire Sathavahana Ispat under the IBC routeP R Jindal unit raises Rs 500 crore from Edelweiss managed fund, ECL at 25% IRR for 5 years to acquire distressed steel company.
JC Flowers ARC emerges top bidder for Sathavahana debt at Rs 410 croreThe consortium of lenders – SBI, Union Bank, IFCI and Canara Bank – had sought bids to sell the loan facilities extended by all of them to ...
Share market update: 23 stocks hit 52-week lows on NSEDomestic benchmark index NSE Nifty was trading 27.50 points up at 11,740.70.
Share market update: 12 stocks hit 52-week lows on NSEDomestic benchmark index NSE Nifty was trading 11.90 points up at 11,474.10 while the BSE Sensex was trading 48.82 points up at 38,143.89.
Share market update: 14 stocks hit 52-week lows on NSEDomestic benchmark index NSE Nifty was trading 60.55 points up at 11,403.80 while the BSE Sensex was trading 188.66 points up at 37,943.55.
Share market update: 16 stocks hit 52-week highs on NSEBenchmark NSE Nifty index was trading 11.30 points down at 11,046.90 while the BSE Sensex was trading 8.53 points down at 36,716.89.
RTS Power, Morarjee Textiles among top gainers on BSEAmong the 50 components in the Nifty index, 25 shares were trading in the green, while 24 were in the red.
Top losers of Wednesday's early sessionIn the Nifty pack, 26 stocks were trading in the green, while 23 stocks were in the red.
Stock market update: Sensex, Nifty move higher; these stocks surge over 15%The NSE Nifty index was trading 60 points up at 10,913, while the BSE Sensex was up 214 points at 36,148 around 10:40 am.
Market Now: Smallcaps in line with Sensex; SRF, MIRC Electronics top losersEquity benchmarks were in the negative territory on unabated foreign fund outflows and surging global crude oil prices.
Market Now: These stocks surge up to 15% despite weak market sentimentEquity benchmarks were trading in the negative territory on unabated foreign fund outflows and surging global crude oil prices.
These stocks surged up to 20% on NSE on WednesdayWeak Asian cues and uninspiring March quarter earnings of some bluechip companies too dented investor sentiment.
Market Now: Over 20 stocks hit fresh 52-week lows on NSEBharti Airtel, Infosys, Vedanta, Larsen & Toubro and UPL were among the top losers in the Nifty pack.
Market Now: These stocks plunge up to 9% on NSEBank, metal and financial stocks were among the top drags.
- Buy Sathavahana Ispat Ltd., target Rs 130.0 : Ashish Maheshwari
Buy Sathavahana Ispat Ltd. at a price target of Rs 130 and a stop loss at Rs 85
- Heard on the street: Sathavahana Ispat in focus as UK company eyes promoter stake
Shares of a Sathavahana Ispat have gained substantially amid talk that Stemcor is planning to buy promoters' 42.2% stake in the company.
- Stemcor to up stake in Sathavahana
The UK-based steel trading major Stemcor, which owns minority stakes in various Indian steel companies, is planning to increase its stake i...