Rakesh Jhunjhunwala and Radhakishan Damani teamed up to bid for Binani Cement Limited, two senior executives in the know of the matter said, intensifying the race for the company which is facing bankruptcy proceedings from its lenders. Established cement makers such as UltraTech Cement Limited (NSEI:ULTRACEMCO), HeidelbergCement India Limited (BSE:500292), JSW Steel Limited (BSE:500228), Dalmia Bharat Limited (BSE:533309) and The Ramco Cements Limited (BSE:500260) also made proposals on their own or in partnerships to acquire the assets of the debt-ridden company on the last day to submit bids, the people said, speaking on the condition of anonymity.
Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
892 INR | +1.07% | +4.75% | +1.28% |
30/04 | Weak Global Cues Weigh Down Indian Equities on Tuesday | MT |
24/04 | Indian Equities End Higher Midweek as Iran-Israel Conflict Subsides | MT |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
9,991 INR | +0.19% | +4.82% | 34.44B | ||
777 INR | -2.21% | -3.99% | 2.25B | ||
200 INR | -0.79% | +1.96% | 548M | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+1.28% | 25.72B | |
+17.20% | 20.83B | |
-7.96% | 11.89B | |
+26.32% | 11.16B | |
+10.90% | 10.85B | |
+9.59% | 10.03B | |
+0.57% | 8.38B | |
+2.70% | 7.09B | |
+28.34% | 6.97B | |
-4.79% | 6.41B |
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