India Cements share price surges 11% to 52-week high on CCI nod to UltraTech deal | Stock Market News
Source: Live Mint India Cements share price jumped 11% to reach a new 52-week peak during Monday’s trading session after the announcement that the Competition Commission of India (CCI) has sanctioned UltraTech Cement Limited’s acquisition of The India Cements Limited. The proposed arrangement involves UltraTech Cement Limited (UltraTech/Acquirer) purchasing 32.72 percent of the paid-up equity…