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Three Stocks to Watch Monday After Major Acquisition Announcements


Krishna Institute of Medical Sciences 

Krishna Institute of Medical Sciences Ltd has acquired a 100 percent equity stake in Chalasani Hospitals Private Limited for Rs 280 million. 

In an exchange filing, the company said, “Krishna Institute of Medical Sciences Ltd has acquired a 100 percent equity stake in Chalasani Hospitals Private Limited Visakhapatnam.” 

On Friday, the company’s stock closed 2.07 percent higher at Rs 2,514.90. In the past year, the company’s share price has seen an increase of 29.10 %.

Adani Ports

Adani Ports & Special Economic Zone Ltd has made a move of strategic importance through the purchase of the 80 % stake of Astro Offshore Group for $185 million.

The deal was signed by August 30th, 2024 is part of Adani Ports & Special Economic Zone Ltd’s plan to become one of the world’s biggest marine operators.

Astro Offshore, a leading worldwide operator of support ships for offshore (OSV) is home to an extensive and modern range of boats comprising anchor-handling tugs, flat-top barges, multi-purpose support vessels, and workboats.

On Friday, the company’s stock closed 0.40 percent higher at Rs 1,482. In the past year, the company’s share has increased by 81.02 %.

CK Birla Group

Action can be seen in the shares of the group companies on Monday. CK Birla Group on Friday announced an investment of $100 million in healthcare over the next 5 years in a conversation with Bloomberg News Wire. 

Earlier, the group had announced 2 acquisitions in the IVF space in the last 4 months. 

Avanti Birla, the Chairman and the founder of Birla Fertility and IVF explained that by investing heavily in infrastructure and making use of its experience. 

Birla Fertility & IVF will offer fertility solutions to its customers particularly those in cities in Tier II as well as Tier III cities. The share of the company will be scrutinized on Monday.

Quick Fact

Krishna Institute of Medical Sciences

Company name Krishna Institute of Medical Sciences
Acquired Chalasani Hospitals Private Limited
Stake Acquired 100%
Acquisition Cost ₹280 million
Location of Acquisition Visakhapatnam
Recent Stock Performance Increase 29%

Adani Ports

Company name Adani Ports
Acquired Stake Astro Offshore Group
Stake Acquired 80%
Acquisition Cost $185 million
Date of Acquisition August 30th, 2024
Business Focus Offshore Support Vessels (OSV)
Types of Vessels Owned Anchor-handling tugs, flat-top barges, multi-purpose support vessels, workboats

CK Birla Group

Company name CK Birla Group
Announced Investment $100 million
Investment Time Next 5 years
Investment Focus Healthcare
Recent Acquisitions 2 in the IVF space
Target Cities for IVF Services Tier II and Tier III cities
Announced By Avanti Birla, Chairman and Founder of Birla Fertility and IVF

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A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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