Stocks in news: HCL Tech, Polycab, SAMHI Hotels, Archean Chemical, Ambuja Cement
HCL Tech, Polycab, SAMHI Hotels, Archean Chemical, Ambuja Cement among others due to various news related developments.
India Cements
Ace investor Radhakishan Damani and related entities sold around 6.91 crore shares or about 24% stake in India Cements through a block deal to Ultratech Cement.
Archean Chemical
Goldman Sachs Funds bought over 6.28 lakh shares in Archean Chemical Industries (ACI) worth Rs 41.33 crore on Thursday via a block deal.
Read more: Here's the trade setup for today's session
SAMHI Hotels
GTI Capital Alpha likely to sell 3% stake in Samhi Hotels via block deals, according to reports. RBL Bank board approves fund raising up to Rs 3,500 crore via QIPs in one or more tranches by issuance of debt securities.
Polycab
Promoters are likely to sell up to 2.04% stake in Polycab through block deals, according to reports.
JSW Infrastructure
JSW Infrastructure’s arm JSW Port Logistics to acquire majority stake of Navkar Corporation.
Raymond
Raymond shareholders approve the reappointment of Gautam Singhania as MD of the company.
HCL Tech
HCL Tech is likely to see a block deal of 0.46% equity worth Rs 1,757 crore on Friday, according to multiple reports.
AU Small Finance Bank
AU Small Finance Bank to raise funds up to Rs 5,000 crore through QIP and other modes to borrow by issue of debt instruments.
Ambuja Cements
The Board of Ambuja Cements approved the merger of Adani Cementation with the company.
Sagar Cements
Sagar Cements re-appointed S Anand Reddy as Managing Director and S Sreekanth Reddy
