GOPIKISHAN DAMANI INDIA CEMENTS
Shares of India Cements rally over 30% in one week as UltraTech deal impresses investors India Cements' shares soared by 33% this week after UltraTech Cement acquired a 24% stake. The move pits UltraTech against competitors like Adani group in the quest for market share dominance, highlighting the ongoing consolidation in the cement ind...
28 Jun, 2024, 11.41 AM ISTStocks in news: HCL Tech, Polycab, SAMHI Hotels, Archean Chemical, Ambuja Cement Sagar Cements re-appointed S Anand Reddy as Managing Director and S Sreekanth Reddy as Joint Managing Director of the company for a period of three 3 years.
28 Jun, 2024, 07.00 AM ISTUltraTech buys 23% stake in India Cements UltraTech, the Aditya Birla Group cement maker and the country's largest, bought 70.6 million shares of India Cements as a "non-controlling financial investment" at up to Rs 267 a share, the acquirer said in customary filings Thursday morning. Ultra...
28 Jun, 2024, 12.42 AM IST- ADVERTISEMENT
Radhakishan Damani sells 6.91 crore shares of India Cements to UltraTech for Rs 1,914 crore in block deal The sale was done at an average price of Rs 277 apiece. Through the deal, Damani and his controlled entities bagged around Rs 1,914 crore.
27 Jun, 2024, 06.54 PM ISTUltraTech to buy 23% stake in India Cements for Rs 1,885 crore UltraTech Cement approved acquiring a 23% stake in India Cements for Rs 1,885 crore at Rs 267 per share, describing it as a financial investment. The deal, which has been described as a "financial investment" by the Aditya Birla Group company, would...
27 Jun, 2024, 12.59 PM ISTHold on to M&M; wait for the split in Tata Motors: Nischal Maheshwari Cement sector consolidation will help in creating efficiency and sustainability. Stable prices despite inflation as the industry transitions to green cement. Key players are expanding capacity for future market dominance, focusing on EBITDA growth a...
27 Jun, 2024, 12.54 PM ISTHow should investors react to UltraTech-India Cements deal? Rakesh Arora explains See, UltraTech is undoubtedly the number one and they are a well-oiled machine. Not only they are the largest, but they are still growing at one of the fastest among the industry, have good cost efficiencies, etc.
27 Jun, 2024, 12.11 PM ISTRadhakishan Damani-linked entity buys 43 lakh shares of smallcap, stock zooms 16% Bhagiradha Chemicals shares were bought at Rs 188.49 per share via a bulk deal on Tuesday. Bhagiradha Chemicals’ 79.73% shareholding rests in the hands of the public, whereas 20.27% is held by the promoter group as per the latest shareholding data a...
06 Jun, 2024, 01.30 PM ISTMarket leadership stays with PSUs; stay invested as the best is yet to come: Ramesh Damani “The market has to have the cyclicality and up and down trajectory that goes through. I think people who in 2000 said only invest in tech in India or people who said I only invest in high-quality business, pay the price. The market is not a place fo...
20 Feb, 2024, 11.00 AM ISTRadhakishan Damani portfolio: Tata stock only multibagger in 2023 Reclusive investor Radhakishan Damani's multi-crore portfolio saw only one stock that gave multibagger returns in the calendar year 2023. Shares of Tata Group retailer Trent, in which Damani owns 1.5% stake, has been the top performing stock in his ...
29 Dec, 2023, 09.36 AM IST5 stocks from Radhakishan Damani's portfolio that surged up to 66% since July06 Oct, 2023, 07.23 PM IST Radhakishan Damani, Hemendra Kothari among India’s top stock market investors With a Rs 1.59 lakh crore portfolio, Damani tops the chart, followed by Jhunjhunwala family. These investors together own shares worth `2.3 lakh crore, about 0.7% of the BSE’s total market capitalisation.
18 Aug, 2023, 06.37 AM ISTRadhakishan Damani buys Health & Glow for ₹750 cr According to corporate shareholding data available till June 2023, Damani, Damani publicly holds 14 stocks with a net worth over ₹166,949.6 crore with the largest being VST Industries where he is the single largest shareholder and India Cements, whe...
21 Jul, 2023, 08.33 AM IST12 out of 15 Damani stocks correct up to 25% from Dec highs. Take a look! Damani’s prominent investments include India Cements with about 21% stake and VST Industries with 31% stake. Besides, he holds over 67% stake in Avenue Supermarts and is the promoter of the DMart supermarket chain operator.
03 Mar, 2023, 11.29 AM ISTMost astute speculator, wisest investor: Fund manager after meeting Radhakishan Damani The ace investor has picked stakes in three new companies 3M India, Andhra Paper, and United Breweries during the December quarter, while he reduced positions in Blue Dart Express, BF Utilities and VST Industries.
21 Jan, 2023, 03.45 PM ISTRadhakishan Damani's company exits this underperforming MNC stock As per the shareholding pattern of the company for the September quarter, Brightstar Investor does not find a mention in the list of public shareholders for 3M India. However, in the June quarter, the firm held 1,66,700 shares, equivalent to a 1.48%...
11 Oct, 2022, 07.18 PM ISTDespite asset monetization deal, brokerages see up to 60% fall in this RK Damani stock The management in the 4QFY22 earnings concall highlighted its intent to monetize some assets, mainly land in order to improve liquidity. "The company is not envisaging any expansion plans, given the low capacity utilization. Hence, the future growth...
11 Oct, 2022, 02.13 PM ISTRadhakishan Damani portfolio stocks drop over 8% in intraday trade On the other hand, shares of India Cements were 5.35 per cent lower at Rs 239.90 over its last day’s closing of Rs 253.45 a piece. The stock has risen nearly 23 per cent in the past year while it has fallen about 17 per cent in the last week.
26 Sep, 2022, 04.13 PM ISTMultibagger! This RK Damani stock rallies over 100% in 3 months, hits 15-year high Cement stocks have been on the radar considering the government's infra push and acquisition of Ambuja Cements and ACC by Adani Group. Analysts said the twin acquisitions by Adani have raised hopes of more such deals in the sector as a few players a...
20 Sep, 2022, 12.25 PM ISTGopikishan Damani sells 10 lakh shares of India Cements in Q4 According to a regulatory filing, Gopikishan Shivkishan Damani sold 10 lakh equity shares of the Chennai-based cement maker during the January-March period. Damani held 2,52,16,496 shares or 8.14 per cent stake in the company as of March 30, 2022, a...
18 Apr, 2022, 12.27 PM IST