Torrent Group is in the final stages of acquiring around 66% of the IPL team Gujarat Titans, valuing the franchise at about Rs 7,500 crore. The deal requires BCCI approval and would be the first majority stake sale since IPL’s inception in 2008.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.