UltraTech Cement announced a 1:52 share swap ratio for acquiring Kesoram Industries, effective March 1, 2025. The board also approved expansion into the wires and cables segment. UltraTech and Kesoram shares closed lower following the announcement.
Defence sector has strong tailwinds, but valuations are sky-high: Dinshaw Irani
Dinshaw Irani of Helios Mutual Fund discusses investment strategies. He favors new-age companies and highlights quick commerce potential. Irani expresses optimism about Eternal and fintech