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Carysil will acquire a 70% stake in UK-based The Tap Factory Ltd (TTFL). The company designs and sources bathroom and kitchen products, mainly instant boiling water taps that are packaged and marketed to the bathroom and kitchen industry.
On Monday, 919 stocks advanced, 2718 declined and 151 remained unchanged on the Bombay Stock Exchange (BSE), with advance decline ratio of 0.33, indicating a negative closing of stocks.
On Tuesday, 1042 stocks advanced, 2502 declined and 100 remained unchanged on the Bombay Stock Exchange (BSE), with advance decline ratio of 0.42, indicating a negative closing of stocks in broader markets.