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Engro, Dawood Hercules to restructure shareholding

Initiative aims to boost investment opportunities, streamline strategies ....

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Up to 768% return in a year: Are these 10 stocks the biggest multibaggers in LIC's portfolio?

However, apart from these well-known blue chips, LIC has also invested in some lesser-known stocks that have yielded handsome returns. Select 10 stocks in LIC's portfolio have given multibagger returns in the last 12 months. ....

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Sanlam to hike shareholding in Shriram General Insurance, Shriram Life Insurance

Upon completion of transaction, Sanlam s effective economic shareholding in SGIC will increase from 40.25 percent to 50.99 percent, and in SLIC from 42.38 percent to 54.40 percent ....

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MedLife Enters Shareholding Of Personal Genetics

MedLife, the largest network of private medical services in Romania, has announced in a stock market report on April 3 the entry into the shareholding of Personal Genetics, a human medical genetics center with national coverage, established in 2011. ....

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British American Tobacco looks to raise $2.5 billion by trimming 4% stake in ITC, ropes in Wall St banks, ET Retail

British American Tobacco: BAT has 29.03% holding in the cigarette-to-chips conglomerate, as per December 2023 disclosures. Based on Monday’s closing price, BAT’s shareholding is valued at Rs 1.47 lakh crore ($17.75 billion). ITC’s total market capitalisation amounted to Rs 5.07 lakh crore ($61.17 billion). BAT sells cigarettes under brands such as Dunhill, Kent and Lucky Strike. The value unlocking could potentially help it prune leverage and resume a share buyback programme to enhance shareholder value. It launched the 2 billion buyback in 2022, but didn’t renew it last year. ....

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