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Updated Jan 08, 2021 | 10:27 IST
TCS to announce results today. Firm is expected to sustain the revenue momentum in the December 2020 quarter following pick up in the business activities Stocks to track in trade for January 8, 2021: Biocon, Tata Power, IDFC, ONGC, IndiGo, Hindustan Construction Company
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ONGC: Co approved issue of Up to Rs 1,500 crore worth non convertible debentures
Wendt India OFS gets demand at indicative price Rs 2,716.60
Biocon
The company’s biosimilars unit Biocon Biologics receives investment of Rs 555 crore from Abu Dhabi-based ADQ for a 1.80% minority stake. Deal values Biocon Biologics at a post-money valuation of about $4.17 billion.
Sipadan Investments Mauritius sells IDFC shares worth over Rs 320 crore
In separate open market deals, 3.81 crore scrips of IDFC were picked up by Morgan Stanley Asia (Singapore) Pte, Abakkus Emerging Opportunities Fund-1 and Avendus Absolute Return Fund at an average price of Rs 38.75 per share. PTI January 07, 2021 / 09:39 PM IST
Sipadan Investments (Mauritius) Ltd on Thursday sold more than 8 crore shares of IDFC worth over Rs 320 crore through an open market transaction. According to the bulk deal data available with BSE, Sipadan Investments divested 8.26 crore shares at an average price of Rs 38.76 apiece, taking the total deal value to Rs 320.37 crore.
NSE-BSE bulk deals: Sunil Singhania’s Abakkus picks up stake in IDFC via bulk deal
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Last Updated: Jan 07, 2021, 08:49 PM IST
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Abakkus Asset Manager LLP, Avendus Absolute Return Fund and Morgan Stanley Asia Singapore PTE have also bought 14.96 million and 13.2 million shares respectively in IDFC via separate bulk deals on the BSE.
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MUMBAI: Prominent asset manager Sunil Singhania’s Abakkus Emerging Opportunities Fund – 1 has picked up 0.6 per cent stake or 10 million shares of
Besides Abakkus Asset Manager LLP, Avendus Absolute Return Fund and Morgan Stanley Asia Singapore PTE have also bought 14.96 million and 13.2 million shares respectively in IDFC via separate bulk deals on the BSE.
Sipadan Investments (Mauritius) trims stake in IDFC Ltd by 2.17 pc
New Delhi, Dec 18: Sipadan Investments (Mauritius) Ltd has trimmed stake in IDFC Ltd by selling 3.46 crore shares representing 2.17 per cent stake in the open market.
As per a regulatory filing, Sipadan Investments (Mauritius) Ltd sold 3,46,51,51 shares in IDFC Ltd in the open market.
The shares were sold between November 23 and December 16, 2020.
Sipadan Investments (Mauritius) Ltd held 9.47 per cent stake in IDFC earlier. It has now come down to 7.30 per cent.
IDFC Ltd had reported a consolidated net loss of Rs 146.68 crore for the second quarter ended September 30, 2020.
The company had registered a net loss of Rs 406 crore in the July-September period a year ago. (PTI)