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UltraTech Cement to acquire 23% stake of India Cements | Here’s Details & Impact

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UltraTech Cement Ltd to acquire India Cement Ltd

UltraTech Cement, India’s largest cement producer, is set to acquire a 23% stake in India Cements Limited (ICL) for a total deal value of Rs.1,885 crore. This move will make UltraTech the second-largest shareholder in India Cements, after the founding family who currently holds a 28.5% stake. Key Details of Acquisition of India Cements by Read more: UltraTech Cement to acquire 23% stake of India Cements | Here’s Details & Impact..

Share Market shining in June 2024, Might Best Month in 2024?

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Share Market shinning in June 2024

Share Market has performed exceptionally well in June 2024 so far. The Nifty 50 has hit record highs in eight out of 11 sessions and gained about 6%, on track for its best month this year. This surge has been fueled by several factors including policy continuity, forecasts for better economic growth, and a significant Read more: Share Market shining in June 2024, Might Best Month in 2024?..

ICICI Bank Market Cap hit $100 Billion, enters the elite club

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ICICI Bank Market Cap

ICICI Bank Market Cap:, ICICI Bank achieved a significant milestone by reaching a market capitalization of $100 billion. This made it the sixth Indian company to enter the elite club of companies with a market cap exceeding $100 billion. The surge in ICICI Bank’s market capitalization was driven by a consistent rise in its share Read more: ICICI Bank Market Cap hit $100 Billion, enters the elite club..