An employee walks past an electronic board that indicates the latest stock figures at the National Stock Exchange (NSE) in Mumbai (Photographer: Dhiraj Singh/Bloomberg)
5 years ago
Apr 15, 2021
Catch all live updates on share prices, index moves, corporate announcements and more from Indian stock markets today.
Metropolis was set to complete the acquisition of Dr Ganesan's Hitech Diagnostic Center Pvt. Ltd. within three months starting January 17, 2021.
Owing to the current pandemic situation the acquisition will now be closed and completed over the next 45 days as mutually agreed between both parties.
Metropolis had announced the acquisition of 100% stake in Hitech Diagnostic Centre in a cash and stock deal.
The cash consideration will be Rs 511 crore while 4.95 lakh equity shares wil be issued on a preferential basis to the promoter group of Hitech.
Shares of Metropolis are off the day's high after gaining as much as 2.1% to Rs 2,437.
Indian equities have opened little changed this morning after rebounding from their lowest levels in two months on Tuesday. Sentiment across the Asia-Pacific this morning is mixed.
The S&P BSE Sensex opened 30 points lower at 48,512 while the NSE Nifty 50 index opened with gains of 20 points at 14,522.
Among the sectoral indices, the PSU Bank and I.T. indices are the top laggards, opening with losses of 1% each. The losses on the I.T. index are led by Infosys, which is reacting to its fourth quarter earnings.
The Nifty Bank index has opened with gains of 150 points or 0.5%. Other gainers in opening trade are the Nifty Metal index which is up 1% and the Nifty Pharma index, which has gained 0.8%. The FMCG index too is up 0.7%.
Broader markets have opened the weekly options expiry session with a negative bias. Both Nifty Midcap and Smallcap indices have opened 0.3% lower.