Jain Irrigation Systems Ltd okayed merger of Jain Processed Foods Pvt Ltd with the company.
Jain Irrigation Systems on Tuesday announced the acquisition of a shade over 50 per cent stake in Israel's NaanDan Irrigation Systems for $21.5 million (nearly Rs 87 crore) in an all-cash deal.
An acquirer actually promises to scale up his domestic operations when he goes in for a small overseas acquisition, just to get a foothold in that particular market.
Of the 854 stocks that quoted less than Rs 20 on March 23, 2020 - when the Sensex hit more than a three-year low - 482 have doubled.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.