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In the afternoon trade the Nifty was trading at 10206.80, up 21.95 points while the Sensex was up 71.57 points at 32578.29. The bank Nifty was the outperforming sector led by Punjab National Bank which jumped 6.37 percent while Bank of India gained 4.08 percent. State Bank of India and Canara Bank were the othet top gainers which added over 2 percent each. However, IndusInd Bank was the drag wich slipped 2. (31-0)
Nifty and the Sensex held on to their respective morning gains on Tuesday afternoon with the Nifty adding 33.25 points at 10218.10 while the Sensex gained 0.31 percent, up 96 points at 32602. The midcap index outperformed the broader indices, up 0.7 percent Andhra Bank, Karnataka Bank, Canara Bank, Reliance Capital and Reliance Infra. (32-0)
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Hero Motocorp | TVS Motor | Ambuja Cements | Tech Mahindra | Upper Ganges | Indo Amines | Prime Urban Development | Premier Explosives | Shree Pushkar Chemicals | Lanco Infra | Aurobindo Pharma | Adani Power and JSW Energy are stocks, which are in the news today.
The buyback offer for Disa India shareholders kicks off on Thursday. The company plans to buy back up to 56,000 shares of ₹10 each (or 3.71 per cent of the total paid-up capital), from shareholders on proportionate basis at ₹4,800 a share. It had fixed October 4 as the record date for the buyback, which closes for subscription on November 17. Disa Holding AG and Disa Holding A/S, its promoters, had indicated their willingness to participate in the buyback.
Settlement Schedule & Structure of Early Pay-in File: Offer to Buy – Acquisition Window (Buy back) for DISA India Limited
Disa India has fixed October 4 as the record date to determine the eligible shareholders to participate in the proposed buy back offer. The company plans to buy back up to 56,000 shares of ₹10 each (or 3.71 per cent of the total paid-up equity capital), from all the shareholders on a proportionate basis at ₹4,800 a share. That means investors who wish to participate in the offer have to buy the company’s shares by Friday, as they will turn ex-date on Monday.
Cipla | NHPC | NMDC | Divis Labs | Jain Irrigation | Jet Airways | Allahabad Bank | Bank Of Maharashtra | Reliance Power | Suzlon Energy | Kalpataru Power | Panacea Bio | NRB Bearings | HealthCare | Infibeam | ARSS Infra | Automotive Axles | Clariant Chemicals | Kohinoor Foods and Shalimar Paints are stocks, which are in the news today.
Shares of 20 companies will turn ex-dividend on Tuesday. These include, ACC (₹11/share), Asian Hotels (₹2), Ambuja Cements (₹1.6), DCM Shriram (₹3), Disa India (₹2.50), Garware Wall Ropes (₹3.30), Honeywell Automation (₹10), Tata Chemicals (₹10), Timken India (₹1), Ujjivan Financial Services (₹0.50) and VST Industries (₹70). For investors who wish to receive the payouts, Monday is the cut-off date to buy these companies’ shares.