 "ABC Bearings soars 96%; Poona Dal zooms 67% in a week")
ABC Bearings soared more than 95%; Poona Dal & Oil Industries rallied 67% on BSE during the current week.
ABC Bearings has locked in upper circuit for the fourth straight trading sessions, up 10% to Rs 346. The stock trading at its all-time high has zoomed 101% from Rs 177 on June 30, 2017.
Timken India on Wednesday announced that it has entered into a definitive agreement to acquire the ABC Bearings through a court-approved amalgamation process. ABC Bearings shareholders will get five Timken India shares in exchange for eight of ABC Bearings.
ABC Bearings is a
ABC Bearings has locked in upper circuit for the fourth straight trading sessions, up 10% to Rs 346. The stock trading at its all-time high has zoomed 101% from Rs 177 on June 30, 2017.
Timken India on Wednesday announced that it has entered into a definitive agreement to acquire the ABC Bearings through a court-approved amalgamation process. ABC Bearings shareholders will get five Timken India shares in exchange for eight of ABC Bearings.
ABC Bearings is a
