Invesco Developing Markets Fund divested its holdings in two major real estate companies. The fund sold a significant portion of its stake in Oberoi Realty. The deal amounted to ₹1,883.2 crore. Invesco also offloaded shares of Lodha Developers. This transaction was valued at ₹1319.2 crore. These bulk deals occurred on Wednesday.
Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback.