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

LIC ready to buy shares in govt divestment programme

LIC has a net investible surplus of Rs 2 lakh crore and its market exposure is over Rs 3 lakh crore

SEBI aligns overseas derivative instrument rules

They have been brought in line with new foreign investment norms approved earlier this year

Japan comes calling on mango import

Has sought details of VHT, a non-chemical alternative for controlling unwanted insects and fungi in perishable commodities and tropical fruits

Nifty ends above 8,500 first time ever; Infosys leads

IT, banks and metal scrips among the top gainers for the day

Markets end at record closing highs; Nifty breaches 8,500

The Sensex hit a fresh record high of 28,541.96 and the Nifty hit an all-time high of 8,534.65 in intra-day trades

Back to Top