Business

This microcap rallies 20% as RK Damani picks 5% stake in firm

New Delhi: Shares of Advani Hotels & Resorts (India) hit the upper circuit of 20 per cent during early trade on Thursday as ace investor Radhakishan Damani picked a stake in the company.According to a regulatory filing, Radhakishan Damani-backed Derive Investments bought 23.93 lakh equity shares or a 5.17 per cent stake in the company.Following…

Published

3 years ago

February 17, 2022

Shrishti

This microcap rallies 20% as RK Damani picks 5% stake in firm

New Delhi: Shares of Advani Accommodations & Hotels (India) hit the greater circuit of 20 per cent all over early exchange on Thursday as ace investor Radhakishan Damani picked a stake in the firm.In step with a regulatory filing, Radhakishan Damani-backed Salvage Investments supplied 23.93 lakh equity shares or a 5.17 per cent stake in the firm.Following the exchange…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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