Thursday’s market closed in red due to the RBI’s cautious policy. Key events included LIC’s 9% profit rise, Eicher Motors’ 20% increase, and Cochin Shipyard’s 76.6% growth. Additionally, Trent, Grasim, and Info Edge announced their Q1 results, among other notable financial updates from various firms.
Peak XV trims stake in Zinka Logistics in Rs 302 crore bulk deal; ADIA, MIT among buyers
Zinka Logistics Solutions (BlackBuck) saw a Rs 302 crore block deal as Peak XV Partners trimmed stake. ADIA, MIT, and ICICI Prudential emerged as key