Spandana Sphoorty Financial will open a ₹400 crore rights issue on August 1 at ₹230 per share—nearly 25% below market price—to address asset quality stress and support equity infusion for FY26.
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj
Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation
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