SP Group, promoted by the Mistry family, has pledged its entire 18.5% in Tata Sons held through two entities to secure monies from private credit funds such as Ares and Farallon. Additionally, it needs to raise funds for a separate repayment due in three months and refinance existing high-cost borrowings.
2 IT & pharma stocks Pankaj Pandey is betting on in uncertain market
Pankaj Pandey, Head of Research, emphasizes selective stock recommendations due to high anxiety levels in the market. He forecasts growth for Newgen Software and positive
October 18, 2024