The open offer made by Reliance Defence Systems and Reliance Infrastructure, for purchase of over 19.14 crore shares, has been made at a price of Rs 66 each, as per the offer documents filed with the markets regulator Sebi. Pipavav shares on Tuesday closed nearly 4 percent down at Rs 61.3 at the BSE.
Indiabulls Real Estate today said it has submitted 'email evidence' to the police regarding money demanded by a Veritas analyst for holding back a scathing report against the group.
CNBC-TV18’s managing editor Udayan Mukherjee finds that if there are any free falls on the ADAG stock, it is likely to be no more than sentiment than anything else.