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.
According to the block deal data available with the BSE, White Iris Investment sold a total of 2,85,79,542 shares, representing a 4.49 % stake in Apollo Tyres. The shares were disposed of at an average price of INR 448.35 apiece, taking the combined deal size to INR 1,281.36 crore.
On Monday we noted that the market was under pressure. On Tuesday we said the market is struggling to head higher. On Wednesday, the market fell heavily with small- and mid-cap stocks getting crushed. In BSE 659 stocks advanced, 3177 declined and 86 remained unchanged, with an advance decline ratio of 0.20 on the Bombay Stock Exchange (BSE), indicating deeply negative closing of stocks in broader markets.
White Iris Investment divests 4 5 pc stake in Apollo Tyres worth Rs 1,281 cr devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.