MTAR Technologies shares hit the 5% lower circuit for a fourth straight session on Tuesday, taking their four-day decline to nearly 20% and one-month loss to 31%. The sell-off came as promoter and mutual fund holdings declined in the June quarter. However, foreign institutional investors raised their stake to 24.80% from 17.31%, signalling stronger overseas participation.
Anant Raj to demerge data centre arm into separately listed company
Anant Raj will demerge its data centre and cloud business into Ashok Cloud Pvt Ltd, creating a separately listed digital infrastructure company. The move aims