Minda Corp exits Pricol with 15% stake sale, rakes in Rs 260 crore profit
Minda Corp sold 1,91,22,458 shares of Pricol at an average price of Rs 345 apiece for approximately Rs 660 crore, according to bulk deals data on the exchanges.
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Minda Corp sold 1,91,22,458 shares of Pricol at an average price of Rs 345 apiece for approximately Rs 660 crore, according to bulk deals data on the exchanges.
NEW YORK, Jan. 7, 2024 /PRNewswire/ — The Asia-Pacific (APAC) Automotive Wiring Harness Market size is estimated to grow by USD 6.59 billion from 2022 to 2027, growing at a CAGR of 4.88%. The Asia-Pacific (APAC) Automotive Wiring Harness Market is fragmented owing to the presence of many global and regional companies. A few prominent companies that […]
The market concluded the week on a muted note, mirroring global trends influenced by a rise in the US 10-year yield. The upcoming US payroll data is poised to impact expectations regarding the Federal Reserve's policy, contributing to cautious investor sentiment. Simultaneously, global attention is focused on eurozone inflation data, adding to the overall market uncertainty.
Yesterday we mentioned that Nifty, Sensex may bounce back. On Thursday, 2574 stocks advanced, 1267 declined and 100 remained unchanged, with an advance decline ratio of 2.03 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.
The 30-share BSE Sensex pack surged 476 points or 0.67 per cent to trade at 71,913, while the broader NSE Nifty moved 140 points or 0.65 per cent up to trade at 21,593.