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/PRNewswire/ The automotive pump market is estimated to grow by USD 3.28 billion from 2022 to 2027, growing at a CAGR of 4.04%. The automotive pump market.
Private equity firm Samara Capital exited the company through the sale of its entire 0.7% stake or 4,49,999 shares for around Rs 63 crore, bulk deals data on the BSE showed. The shares were sold at Rs 1,400 apiece. Meanwhile, in Archean Chemical Industries, Piramal Enterprises sold 3.4% stake through the open market for around Rs 252 crore, bulk deals data on the NSE showed.
The company said it has entered into a co-operation agreement for technology and supply of parts and systems with the overseas firm, which will support it exclusively on the projects identified for such collaboration.