The complete exit from HDFC Bank highlights a strategic shift by Quant Mutual Fund. This move aligns with the fund’s approach to actively manage and adjust its portfolio to maximise returns and mitigate risk.
In the next 12-18 months, the market may see an IPO pipeline exceeding $25 billion, says Debasish Purohit, Co-Head of India Investment Banking at Bank of America.
EasyMyTrip Share Price | Last month, the company’s co-founder Prashant Pitti told CNBC-TV18 that the company plans to keep prioritising profit growth, with a stronger focus on expanding into non-air travel services and international markets.
As many as 55 lakh shares or 1.3% of the overall equity changed hands in the block deal, according to data available on the exchanges.
The shift is evident from the nearly four-fold increase in inflows into largecap funds in August.
The outstanding order book for the company now stands at ₹3,979 crore with total order inflow for fiscal 2025 of ₹1,016 crore.
Bajaj Auto emerged as a top gainer in the Nifty following the launch of new Triumph variants. Hero MotoCorp hit a record high, climbing more than 3%.
In August this year when Zydus acquired a 50% stake in Sterling Biotech Ltd (SBL), the company negotiated for the right to acquire the ‘Target Business’ of SBL at a pre-defined value.
Jupiter Wagons will increase this capacity through the construction of a new state-of-the-art production facility for forged wheelsets in Odisha.
The Chennai-based manufacturer plans to deploy the funds in new-age enterprises, aerospace and defence industries, as well as across diverse categories of the fast-moving consumer goods sector, according to a statement.