Business Standard

Mahindra Satyam gains 2% on share purchase by ADAG

Related News

is trading higher by 2% at Rs 71.95 after Anil Dhirubhai Ambani Group (ADAG) bought 13 million shares of the IT firm for total consideration of Rs 87 crore through bulk deals on Monday.

Trustee Company, a subsidiary of ADAG's Reliance Capital Ltd, purchased 12.96 million shares at an average market price Rs 67.50 per share via bulk deal, according to data available on stock exchanges. However, the sellers of the shares could not be ascertained.

As many as 4.77 million shares have already changed hands on the counter on morning deals, against an average around 7 million shares that were traded daily in past two weeks on the and BSE.

Read more on:   
|
|
|
|

Read More

IABF to close $120-mn fund this year

India Agri Business Fund (IABF), a $120- million equity fund instituted in 2008 for which Rabo Equity Advisors is an investment advisor, is planning ...

Quick Links

 

Market News

Realty, infra shares extend rally on relaxation of FDI norms

Unitech, IVRCL Infra, HCC, GVK Power, NBCC,D B Realty, Patel Engg, Shriam EPC and Gayatri Projects are up 4-10%.

Sensex scales record high; Nifty within kissing distance

Unperturbed by end of US Fed's bond buying, equities post healthy gains

Higher open interest enthuses markets on expiry day

Rollover percentage in the Nifty was lower than three-month average, at 64%

Godrej Properties, Brigade, Mahindra Lifespace to gain from FDI in construction

Analysts perceive this development to be a positive for developers with existing joint development / investment arrangements with foreign ...

Realisation gains for ACC, Ambuja

While Ebitda margins improved in September quarter, led by higher prices, concerns on volume growth continue

Back to Top