Ather Energy witnessed significant block deals totaling Rs 545 crore as NIIF-II booked profits by offloading shares. Boston-based Ghisallo and Societe Generale were among the notable buyers, acquiring substantial stakes in the electric two-wheeler manufacturer. Other investors like Invesco Mutual Fund and Motilal Oswal also participated in the transaction.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of