July 2021 - Destiny International

Articles

Adani Group’s Renew Exim buys 46.64% stake in ITD Cementation, announces Rs 2,553 crore open offer

by admin July 15, 2021

Adani Group unit Renew Exim DMCC has announced a definitive agreement to acquire a 46.64 percent equity stake in ITD Cementation India Ltd from Italian-Thai Development Public Company Ltd (ITD) for about Rs 3,204 crore, at Rs 400 per share. The transaction is set to boost Adani’s civil engineering capabilities ...

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Articles

Market not a bubble overall, specific sectors see high valuations: Manish Chokhani, Enam Group

by admin July 15, 2021

Manish Chokhani of Enam Group says he doesn’t think he can call the entire market a bubble. “Like I said, if the top 40 companies are not trading at excessively crazy valuations, it is certainly there in pockets like we discovered defence, railways, PSUs, in capital goods, lot of multinationals ...

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