The floor price for the issue is set at Rs 1,660.2 per share, a 4.4% discount to Wednesday’s closing price. Tencent, which held a 4.6% stake in the Policybazaar parent company as of June 30, 2024, is reportedly selling its stake.
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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