The company increased its holding in Mahindra Aerospace Private Limited from around 91.6 percent to 100 percent. MAPL’s 7.68 crore shares were bought for around Rs 31.5 crore, the company said in an exchange filing
Kotak Institutional Equities has upgraded Uno Minda from ADD to BUY and revised its target price to Rs 545 a share. The brokerage said that the recent 15% correction in stock price has made the valuations more attractive.
Shares of Asian Energy Services Ltd surged over 100 percent in the last one month on the back of higher volumes. On Friday, the stock gained as much as 5% after its promoter increased their stake in the company.