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Warburg Pincus exits Apollo Tyres; pares entire stake for Rs 1,073 crore

Warburg Pincus exits Apollo Tyres; pares entire stake for Rs 1,073 crore
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Stock Radar: Power Grid, Nykaa, Gland Pharma, Go Digit, Granules India in focus on Thursday

ITC, InterGlobe Aviation, Honasa Consumer, Bayer Cropscience, Cello World, CESC, Concord Biotech, Finolex Cables, Page Industries, Tata Investment Corporation, and Zaggle Prepaid Ocean Services will release March quarter earnings on May 23.

Uttar pradeshIndia generalMorgan stanley asiaTejpreet singh chopraBayer cropscienceAarti pharmalabsKrishna prasad chigurupatiTata investment corporationPunjab national bankPage industriesMassachusetts institute of technologyQuant mutual fundGrasim industriesBandhan bankGandhar oil refineryBaron emerging markets fund

Apollo Tyres block deal: Warburg Pincus arm likely to sell 3 5% stake for Rs 1,040 crore

The floor price for the block deal will likely be Rs 460-465 per share

Apollo tyreOnkar kanwarWarburg pincusApollo tyresIris investmentTyres chairman onkar kanwar

apollo tyres block deal: Warburg Pincus to sell 3 5% stake in Apollo Tyres

Warburg Pincus subsidiary White Iris Investment is likely to sell a 3.5% stake in Apollo Tyres on Wednesday. It aims to raise Rs 1,040 crore. The deal size is 2.24 crore shares.

Warburg pincusApollo tyres

Stock Radar: BHEL, PI Industries, Metrpolis, Sheela Form, PNC Infratech, Biocon in focus on Wednesday

Grasim Industries, Sun Pharma, Power Grid Corporation, Paytm, Nykaa, Ashoka Buildcon, Dhanlaxmi Bank, GE Power India, Gland Pharma, GMM Pfaudler, HEG, Jubilant FoodWorks, New India Assurance Company, and Unichem Laboratories will announce their March quarter earnings on May 22.

Warburg pincusAshoka buildconBiocon biologicsMinda corporationIndia assurance companyGrasim industriesPi industriesDrug administrationPower grid corporation of indiaDhanlaxmi bankWater resources departmentDevelopment corporationTilaknagar industriesLaxmi organic industriesNippon india small cap fundMutual fund

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