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Hopefully, after a few quarters we should start seeing margins improve. We have been currently operating in an environment where supply far exceeds demand. And when there is such a situation, obviously, there is a pricing pressure.

Gujarat-based Sanghi Industries, in which Ambuja Cements acquired a majority stake last year, has called for an extraordinary general meeting on Feb 8, Thursday to get shareholders’ consent.

A total of 77,746 shares changed hands on the counter till 01:55PM (IST)

​All our segments have done very well. We have retained the leadership position in our breaking system. We have grown very well in the aluminium light weighting precision solutions and the safety control cables but there has been a stupendous growth in the exports which we have done exceedingly well.

who asked not to be identified because the matter is confidential. The sale, expected later this year, is yet to be finalized and the terms may still change.

However, two stocks have formed a good setup on the technical charts and can give returns in the short term. The view taken for the stocks is four to six weeks.

A total of 4,340 shares changed hands on the counter till time (IST).

Now, there could be further downside if you see this action spreading to other parts of the business and there is no reason to believe that is indeed the case at this point in time.

Jana SFB IPO includes a fresh equity worth Rs 462 crore and an offer for sale (OFS) of 26.08 lakh shares. Under the OFS, existing investors Client Rosehill, CVCIGP II Employee Rosehill, Global Impact Funds, Growth Partnership and Hero Enterprise Partner Ventures will offload shares.

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