Market Updates
India Movers: AGI Greenpac, Brightcom Group, HCC, Indian Oil, Piramal Enterprises, UltraTech Cement
Arun Goswami
23 Dec, 2024
Mumbai
Stock market indexes in India advanced, tracking markets in Asia as investors hoped for a year-end market rally.
The Sensex index increased by 1.0% to 78,856.78, and the Nifty index rose by 1.1% to 23,857.30.
On the Mumbai stock exchange, 178 stocks traded at their 52-week highs, and 68 stocks traded at their 52-week lows.
Indian Oil Corporation increased 0.9% to ₹138.29 after the company's board approved an investment of ₹4,382 crore in its yarn project in Odisha.
Brightcom Group Ltd. jumped 4.9% to ₹9.82 after the company announced next steps for revocation of its trading suspension.
AGI Greenpac Ltd. dropped 1.7% to ₹1,206.85 after the plastic and glass packaging company's board approved fundraising plans through a secondary equity offering.
Piramal Enterprises Ltd. rose 1.9% to ₹1,116.0, and the company announced its plans to raise 2,000 crore through secured non-convertible debentures.
Hindustan Construction Company decreased 2.5% to ₹42.45 after the company said it divested its stake in Switzerland-based real estate construction company Steiner AG.
UltraTech Cement Ltd. increased 0.9% to ₹11,524.55, and the Competition Commission approved the company's plans to acquire a 32.72% stake in India Cements Ltd. for ₹3,945 crore.
The company has launched an open offer to acquire an additional stake of 26% for ₹3,142 crore.
Annual Returns
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Earnings
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