The Burman family, which holds a controlling stake in Dabur, on Monday announced an open offer for a 26% stake

Burman Family Announces Open Offer For 26% Stake in Religare Enterprises; Details - News18

Burman family to make open offer to acquire 26% stake in Religare Enterprises Ltd (REL) at ₹235/share. Offer estimated to cost ₹2,116 crore. Burmans to take control of REL upon completion of offer, aiming to create leading financial services platform.

Burman family entities make open offer to acquire 26% stake in Religare Enterprises at ₹235 a share

Three Burman Family entities -- Puran Associates, Vic Enterprises and M B Finmart -- acquired a 7.5 per cent stake in Religare Enterprises for Rs 534 crore through open market transactions. According to the block deal data available with BSE, Puran Associates, Vic Enterprises, and M B Finmart purch…

Burman family is a ‘long-term investor’ in Religare: Mohit Burman

Dabur’s Burman Family on Thursday said that the decision to increase stake in Religare Enterprises was prompted by strong performance of health and retail broking businesses of the company.

Opportune time to increase stake in Religare Enterprises : Dabur Chairman

Burman family-controlled entities acquire 7.5% stake in Religare Enterprises Ltd. (REL) for ₹534 crore. The family now holds 14% stake in REL. The seller of the shares is a category I foreign portfolio investor. REL hit a 52-week high of ₹242.90 & closed at ₹234. The company reported a net profit of…

Dabur’s Burman family picks 7.5% more in Religare Enterprises, taking total stake to 21.5%

Total revenues increased to Rs 8 crore during the quarter under review as against Rs 7 crore a year ago.

Religare Enterprises Q1 loss narrows to Rs 6 crore

Religare Enterprises: Care Ratings said its outlook reflects the expectation that subsidiary will be able to raise additional debt through fund and non-fund-based support from its ultimate parent – Reliance Enterprises.

Religare Enterprises shares in focus as Care Ratings says outlook stable for subsidiary

Ligare Aviation has approached NCLT against Religare Enterprises, which is a corporate guarantor of the principal borrower Auriga Marketing Services, which had defaulted to make a payment of Rs 35.55 crore. Along with 14.25 per cent interest, the amount totalled to Rs 74.20 crore as on January 27, 2…

NCLT dismisses plea seeking insolvency proceedings against Religare Enterprises

Stocks that will see action on May 26 include ONGC, BHEL, BEML, HUDCO, Sun Pharma, MOIL, Reliance Industries, Praj Industries, Religare Enterprises, Max India, City Union Bank, Grasim Industries, Wockhardt, Engineers India

Stocks that will see action on May 26, 2023

Religare Enterprises on Thursday posted Rs 20 crore profit on a standalone basis for the fourth quarter ended March 2023.

Religare Enterprises reports net profit at Rs 20 cr in March quarter

TTK Healthcare, Religare Enterprises, IndiGrid, Hero MotoCorp, Prakash Ind, RVNL, Infosys, Stylam Ind, BLS International, RPP Infra, Ahluwalia Contracts, Advait Infratech and Dalmia Bharat Sugar are expected to see action today

Stocks that will see action on April 6, 2023

Price return has been average, nothing exciting

Performance

Undervalued compared to the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Religare Enterprises Limited is a financial services company engaged in the business of broking in securities and commodities, lending and investments, financial advisory services, portfolio management services, asset management and insurance etc.