Marquee investor Ashish Kacholia sold part of his stake in aesthetic solutions provider SJS Enterprises for Rs 11.6 crore through the open market on Friday.
On its market debut day, shares of Jio Financial Services ended with a 5% lower circuit. From Sensex stocks, Power Grid and IndusInd Bank were the top gainers, rising over 2% each
The company said it has fully recovered this corporate NPA, constituting about 1.3% of the loan asset as of June 30, 2023. The resolution of this account was achieved on August 19, 2023, by selling the loan to an asset reconstruction company under the Swiss Challenge method under RBI s rules.
From the Sensex pack, Power Grid, JSW Steel, Tata Steel, NTPC, and Wipro opened with gains, while M&M, Bajaj, Finserv, Reliance Industries, and Maruti opened with cuts.