Bharti Enterprises will pare its stake in the company to 25% from 85% while 360 One Asset Management will sell its entire 15% holding and exit the venture, the companies announced on Sunday.
Amber Enterprises shares plunged almost 18% on Monday. This followed the company’s January-March quarter results. Net profit rose 15% year-on-year to Rs 134 crore. Revenue
Market veteran Ambareesh Baliga suggests pharmaceutical stocks offer a safe haven amidst currency volatility and cautious foreign investor sentiment. He advises focusing on top-tier pharma
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