Bajaj Allianz Life Insurance has invested in JM Financial Home Loans. The insurer acquired approximately 2.1% stake. They purchased shares from JM Financial Credit Solutions. The deal is valued at ₹65.5 crore. Post-transaction, JM Financial’s stake in the home loan arm will reduce. The agreement was finalized in August.
IGI shares hit 10% upper circuit as Q2 profit jumps 43%, revenue rises 31% YoY
International Gemological Institute shares hit the 10% upper circuit after Q2 FY27 revenue rose 31% and profit surged 43% year on year. Growth was supported