APL Apollo Tubes Ltd is quoting at Rs 992.2, down 3.22% on the day as on 13:19 IST on the NSE. The stock in last one year as compared to a 5.36% in NIFTY and a 7.65% down 9.49% in the Nifty Media index.
Coforge Ltd is quoting at Rs 3668.2, down 0.43% on the day as on 13:19 IST on the NSE. The stock tumbled 27.75% in last one year as compared to a 5.36% rally in NIFTY and a 15.97% fall in the Nifty FMCG index.
The board has also approved appointment of GYR Capital Advisors Private Limited (Merchant Banker) as lead manager.
The government has issued a notification directing all fertilizer companies to sell their products under a single brand name — “Bharatâ€. As per analysts at IIFL Capital Services, brand values and recall for Gromor (Coromandel), Uttam (Chambal) and Smartek (Deepak Fertilisers and Petrochemicals), could be at risk by this change.
FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index decreasing 2.97 points or 0.02% at 15603.48 at 13:46 IST.
Procter & Gamble Hygiene and Health Care Ltd is quoting at Rs 13998.95, down 1.4% on the day as on 13:19 IST on the NSE. The stock in last one year as compared to a 5.36% in NIFTY and a 10.16% down 9.49% in the Nifty Financial Services index.
Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 1.48 points or 0.09% at 1690.78 at 13:46 IST.
The domestic equity barometers further pared gains in afternoon trade. The Nifty traded below the 17,600 level. Markets in Europe and Asia edged higher ahead of Powells speech at Jackson Hole symposium. At 13:24 IST, the barometer index, the S&P BSE Sensex, was up 157.24 points or 0.27% to 58,931.96. The Nifty 50 index gained 55.70 points or 0.32% to 17,578.15. JSW Steel (up 2.64%), […]
In May of this year, the Adani Group announced a deal to acquire a controlling stake in Holcim Ltd.'s Indian businesses for USD 10.5 billion.

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