TCNS Clothing

The proposed combination involves acquisition of 51% of the expanded share capital of TCNS Clothing Co Limited by the Aditya Birla Fashion and Retail Limited

CLOSING BELL: Among sectors, the Nifty Private Bank, Realty, and Auto indices gained around 1.7 per cent each

Stocks to Watch on May 8:Paytm's loss narrowed to Rs 168 crore from Rs 763 crore in the year-ago period.

Higher raw material costs will put pressure on profitability

Accelerated store addition plans, coupled with diversification into newer categories (footwear and Aurelia Girls), are expected to fuel growth going forward

On Wednesday, Nalanda India Equity Fund bought 4.32 million equity shares, representing 7.02 per cent stake, in the company though block deals

TCNS Clothing settled at Rs 665, down 7.1% against its issue price of Rs 716, after listing at par on the NSE.

TCNS Clothing Company sells its products under W, Aurelia and Wishful brands