Bulk deals: Yum Restaurants exits Devyani Int, Nippon acquires minority stake
Nippon India Mutual Fund acquired 80,00,000 shares or 0.66 percent stake in Devyani International at Rs 164.1 per share
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Nippon India Mutual Fund acquired 80,00,000 shares or 0.66 percent stake in Devyani International at Rs 164.1 per share
Lighthouse India Fund III sold 32.42 lakh equity shares or 1.3% stake in Bikaji Foods International, via open market transactions at an average price of Rs 480 per share.
Nykaa's owner, FSN E-Commerce Ventures, saw a surge of over 8 percent in its share price after bulk deals worth Rs 75.5 crore were made.
In the latest high-profile exit at foodtech giant Zomato, its cofounder and CTO Gunjan Patidar has quit the company.
While some market experts say that new-age tech stocks will continue to embrace a downward trend in 2023, many also think its unpredictable