The acquisition valued shares at Rs 82 a piece, a premium of about 28% of its last traded price.

CLSA has maintained buy rating on Bharti Airtel with a target price of Rs 425.

Among the 50 components in the Nifty index, 22 shares were trading in the green, while 28 were in the red.

Kotak Securities has maintained add rating on KNR Constructions with a target price of Rs 312.

Titagarh Wagons will be divesting 4.49 per cent stake in its subsidiary Cimmco in the open market.

HSBC maintained a 'buy' rating on Finolex Industries and revised target price to ₹680.

Coal India produced 46.59 million tonnes of coal in May, registering a decline of 1.1%.

UBS has maintained buy rating on Bank of Baroda and lowered target price to Rs 145.

Kotak Bank has questioned the RBI’s authority to seek reduction of stake by any investor.

Meanwhile, HDFC Securities has initiated coverage on IndoStar Capital Finance.

Among the 50 components in the Nifty index, 30 shares were trading in the green, while 19 were in the red.

Out of the 33 companies, 5 are from chemical sector, 3 from textiles and 2 from trading industry.

A structural shift is taking place towards the larger and branded players

It is anticipated that GST would ensure organised players have an edge over unorganised manufacturers of ply and laminates.

Anti-dumping duty on plain MDF Board — known as customwood or craft-wood — will be levied on boards having a thickness of 6mm or above and ...

With the government’s continued focus on infrastructure and low-cost housing, demand for plywood and laminates is likely to remain strong, ...

In a chat with ET Now Keshav Kantamneni, CEO of Uniply Industries, said that the the acquisition of EURO Decor Plywood would double their p...