ITC tanks 5% as BAT mulls stake sale
Shares of ITC drop 5% as British American Tobacco reviews its stake.
stake sale
February 2024
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Thomas Cook India shares hit 5% lower circuit for 2nd day; here’s why
Fairbridge Capital (Mauritius), which owns 72.34% stake in Thomas Cook India, plans to sell its 6.8% shares in the travel company via an offer for sale.
Govt to sell 5.3% stake in RVNL; stock falls 5%
Shares of RVNL, the infrastructure arm of the Ministry of Railways, fell 5% in opening trade to ₹126 on the NSE.
Patanjali Foods shares fall 5% after promoter launches OFS at 18.6% discount
The OFS, at floor price of ₹1,000 apiece, will fetch around ₹3,258 crore to Baba Ramdev-led Patanjali Ayurved.
Adani group raises $1.4 bn from stake sale in 3 firms; $9 bn in 4 yrs
The investments are proof of the underlying strength of the group’s businesses and its commitment to the highest level of governance, says Adani group.
Delhivery shares jump 7% amid block deal, Carlyle likely seller
Carlyle was looking to exit Delhivery by offloading its entire 2.53% stake in the logistics firm at a base price of ₹385.5 apiece.
Piramal Enterprises to sell its entire 8.34% stake Shriram Finance; stock jumps 13%
Piramal Enterprises will sell 3.1 crore shares in Shriram Finance at a floor price of ₹1,483 per share, a discount of 5% to Tuesday’s closing price on the BSE.
HDFC AMC shares surge 9% amid block deal
Abrdn Investment, formerly Standard Life, to sell its entire 10.2% stake in HDFC AMC via a block deal today.
Axis Bank shares trade choppy amid block deal buzz
U.S. based private investment firm Bain Capital is likely to sell its stake worth $267 million at a floor price range of ₹966-₹977.70 per share via block deal.
Mahindra CIE share hits record high on strong volume; zooms nearly 200% in a year
Promoter Mahindra & Mahindra is likely to sell a 3.2% stake in the automotive component supplier via a block deal soon.
