The ₹390-per-share offer, open from January 8 to 21, was subscribed 110%. It will increase UltraTech’s stake in India Cements to 81.49%. India Cements’ shares closed at ₹295.15 on Friday, marking a nearly 22% gain in a year.
Macrotech Developers, operating under the Lodha brand, posted an 88% rise in net profit for Q3 FY25, hitting Rs 944.4 crore due to a surge
Provisions for the quarter stood at Rs 1,338 crore as compared with Rs 655 crore in the year-ago quarter, driven by the higher slippages in
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