BofA Securities India’ term sheet revealed that the floor price has been fixed at Rs 3,550 apiece — a 10.2% discount to Monday’s closing price of Rs 3,956. The sale at the floor price could fetch the parent company around Rs 1,775 crore or $213 million.
Bharti Hexacom shares rose 3.8% after the company reported a 23% increase in net profit, reaching Rs 261 crore, and a 25% rise in revenue
Trent’s shares rose nearly 2% as Q3 FY25 net profit grew 33% to Rs 497 crore. Revenue increased by 34% to Rs 4,657 crore. The
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