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PNN New Delhi [India] May 28 The Primex 40 an index tracking the performance of the top 40 Indian private companies in unlisted and delisted markets recently achieved an all-time high of 276389 growing over 236 basis points since the last record-high achieved on November 1 2021 The Primex 40 index growth was driven by key performers like Waaree Energies Limited Tata Capital Limited National Stock Exchange Hero Fincorp etc among others Launched by Wealth Wisdom India Private Limited WWIPL the Primex 40 index observed a 49 surge in the last 6 months against a 20 growth of the Nifty 500 Multicap 502525 The Primex 40 index has reportedly posted a 22 annualised return significantly outpacing its benchmark Several stocks have been instrumental in driving the Primex 40 index to record heights Waaree Energies Limited for example saw its stock price soar from 725 to 2200 a 20345 surge in just 3 quarters The company leadership position in the solar energy industry coupled with strategic investme
A resolution has been passed by the Board of holding company Utkarsh CoreInvest, wherein it was proposed to initiate steps in furtherance of a proposed reverse merger (‘Proposed Merger) of UCL with the Bank