Articles for tag: acquisition, infrastructure, market

Rajiv Sharma

Stock priced at ₹64 surges 12% after major NHAI order.

Stock priced at ₹64 surges 12% after major NHAI order.

The recent announcement regarding the acquisition of a significant order by Artifact Projects Limited has garnered attention in the financial market. The company has secured a contract worth ₹3.78 crore from the National Highways Authority of India (NHAI). This development is expected to boost the company’s growth trajectory and improve its market presence. Overview of ...

Rajiv Sharma

Company set to sell soon, shares halted for 4 days, priced at ₹2.91

Company set to sell soon, shares halted for 4 days, priced at ₹2.91

The race to acquire a company on the brink of bankruptcy has entered its final stages, with last bids expected to be submitted by early June. This moment presents a unique opportunity for potential investors to secure ownership of an entity that, despite its financial struggles, may possess valuable assets, intellectual property, or market share ...

Rajiv Sharma

REC and PFC shares rise over 6% after major update

REC and PFC shares rise over 6% after major update

In recent market movements, shares of REC and Power Finance Corporation have surged by over 6%. This increase follows news that JSW Energy has emerged as the winning bidder for KSK Mahanadi Power under the Insolvency and Bankruptcy Code, showcasing the ongoing transformation and consolidation in the energy sector in India. Impact of JSW Energy’s ...

Rajiv Sharma

Adani may acquire major cement company; investors react, shares rise 18%

Adani may acquire major cement company; investors react, shares rise 18%

The Adani Group, a major player in various sectors in India, is reportedly in negotiations with Heidelberg Materials, a leading German construction materials company. This potential acquisition could reshape the landscape of the building materials industry in India and signifies the increasing interest of international companies in the expanding Indian market. According to recent reports, ...

Rajiv Sharma

Adani aims to acquire German cement company Heidelberg

Adani aims to acquire German cement company Heidelberg

The Adani Group, one of India’s largest multinational conglomerates, is reportedly eyeing the Indian operations of HeidelbergCement, a global leader in the cement industry. With a presence in 50 countries, HeidelbergCement has established itself as one of the top cement producers in the world, making this potential acquisition significant in the competitive construction materials market. ...

Rajiv Sharma

Adani acquires another company with ₹200 crore deal

Adani acquires another company with ₹200 crore deal

Adani Enterprises has made significant strides in the retail sector through its joint venture, April Moon Retail, which recently announced a major acquisition. This strategic move involves the purchase of a 74% stake in Cococart Ventures for ₹200 crore, marking a significant expansion in their portfolio. Overview of the Acquisition This acquisition will enable April ...