Thu, Feb 1, 2024 12:41 PM
Government aims at widening and firming up EV ecosystem: Sitharaman
A Flip by Avya Verma
Fortis Healthcare acquired a 7.61% stake in its subsidiary Agilus Diagnostics from the International Finance Corporation for ₹429.37 crore, as part of its strategy to increase its stake to 31.52%. Fortis will also acquire an additional 23.91% stake from two other stakeholders, strengthening its position in the diagnostic services market.
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Unimech Aerospace and Manufacturing Limited, an engineering solutions company, specializes in manufacturing critical parts for various industries, operating in two segments: Aero-tooling and Precision components. With strong growth rates, margins, and reasonable valuation, KR Choksey assigns a "SUBSCRIBE" rating, making it a good investment opportunity.
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SEBI has approved the Burman family's proposed open offer to acquire an additional 26 percent stake in New Delhi-based Religare Enterprises (REL), The Economic Times reported today, citing unidentified sources. Religare's share price surged nearly 3% on Friday, December 20. The stock has climbed approximately 45% in the past year, lifting the company’s market cap to over Rs 10,000 crore.
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