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KESORAM INDUSTRIES STOCK
This smallcap penny stock is locked in 20% upper circuit on Birla Group’s exit. Do you own?Kesoram Industries surged 20% after Frontier Warehousing acquired a 42.8% controlling stake through a block deal, marking the Birla family’...
Morgan Stanley sells 19 lakh shares worth Rs 81 lakh in this penny stockMorgan Stanley sold 19.30 lakh shares of Kesoram Industries for Rs 81 lakh at Rs 4.20 per share, an 11% discount. The stock hit a 52-week l...
UltraTech Cement announces 1:52 share swap ratio for acquisition of Kesoram IndustriesUltraTech Cement announced a 1:52 share swap ratio for acquiring Kesoram Industries, effective March 1, 2025. The board also approved expan...
UltraTech Cement shares in focus as co approves Rs 1,000 cr NCD allotment, NCLT clears Kesoram acquisitionShares of UltraTech Cement are expected to stay in focus after the company’s board approved raising up to Rs 1,000 crore through the allotm...
CCI approves Ultratech’s acquisition of Kesoram’s cement unitCCI approves UltraTech's acquisition of Kesoram's cement business and Shriram Ownership Trust's stake purchase in Shriram Investment Holdin...
UltraTech to buy Kesoram's cement unit"The transaction will provide UltraTech with the opportunity to extend its footprint in the highly fragmented, competitive and fast-growing...
Kesoram may tap ECB route to repay high cost NCDs, OCDs"The company board will meet shortly to enable workout for further fund raising plan after the rights issue of Rs 400 crore. There are opti...
Kesoram comes off 9% on tyre biz demergerThe turnover of the demerged tyre division is Rs 1,453 crore.
- Buy Kesoram Industries with a target at Rs 120: Mitul Shah
Buy Kesoram Industries with a target of Rs 120 and a stop loss of Rs 110
Kesoram climbs for fifth day in a row on biz hive offKesoram Industries' rayon business accounts for less than 5 per cent of its total turnover of Rs 4,873 crore as on March 31, 2015. It has a...
Kesoram Industries to hive off its rayon business to Cygnet Industries for Rs 480 croreThe move is part of the company's strategy to reorganise and realign its existing businesses and assets including tyre and cement.
BK Birla Group companies rally over succession planning speculationThe move by Kesoram Industries to revoke share pledge in Mangalam Cement, Century Textiles and Century Enka has revived investor interest i...
Laksar plant sale, tyre business pick-up revive interest in Kesoram IndustriesThere has been a growing interest in the stock of Kesoram Industries promoted by BK Birla with the stock returning a handsome 40% in the pa...
JK Tyre leads race for Rs. 2,000 crore Birla Tyres dealJK Tyre will borrow Rs 1,500 crore from public and private sector banks with the rest coming from internal accruals.
Rakesh Jhunjhunwala's wife hikes stake in Kesoram Industries to nearly 7%Rakesh Jhunjhunwala's wife Rekha has acquired 60 lakh shares in Kesoram Industries taking her shareholding in the company to around 7 per c...
- Midcap cement stocks are looking weak: Ashwani Gujral
"Midcaps tend to move once the large caps of a parituclar sector have moved higher and I am looking at Kesoram. A Rs 400 stock is today at ...
- Kesoram slips on poor Q4 show
Institutional investors turned extremely bearish in the counter amid concerns over huge losses posted by the company in the fourth quarter.
- Heidelberg Cement is attractive on the valuation front: Ashit Suri
Ashit Suri, Fundamental Research Analyst, JV Capital Services in a chat with ET Now talks about Heidelberg Cement and other cement stocks.
- Accumulate call on Kesoram Industries: Ashit Suri
Cement sector is a neutral call. Overall, some of the stocks like ACC, Shree Cement, have been bucking the trend and doing well over the la...
- Kesoram under KM Birla may focus on cement
The latest announcement by B K Birla to transfer the group’s flagship, Kesoram Industries, to his grandson Kumar Mangalam Birla and not his...