Stock Market Update
Corporate News-
Adani Ports will buy a 75 percent stake in the all-weather deep-water port in Andhra Pradesh at an enterprise value Rs 13,572
crore.
Titan said it witnessed “reasonable growth in the festive season” between November and January.
Sobha informed the exchanges that it sold nearly 10.66 lakh square feet of real estate in December quarter.
Dixon Technologies will partner with Samsung for manufacturing of LED TVs.
Reliance Capital disclosed Rs 18,766 crore worth of long-term and short-term debt as on December 2019.
Management Speaks-
Rajesh Sharma, chairman and managing director of the Ion Exchange said they expect robust order inflow given government's
push on water infra.
Ravi Vishwanath, CFO of TeamLease Services said they plan to exit govt biz over time; hiring largely seen in sectors like
BFSI, fintech, retail.
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