An FPI is barred from making fresh purchases of a stock on the floor of the exchange once its stake in the company exceeds 10%. This stems from the regulation under which the entire holding is treated as foreign direct investment (FDI).
The acquisition also seems to be reasonably priced. So, it will only add value to the company because the acquiree SML ISUZU has a good
Hindustan Zinc shares rose after Q4FY25 EBITDA beat estimates, driven by strong volumes and lower production costs. Nuvama cut the stock’s target price slightly, citing
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