Goldman Sachs sold nearly 6.5 lakh shares in smallcap stock ideaForge Technology for Rs 43 crore while Citigroup bought 6.65 lakh shares in the company at a cost of Rs 44 crore via block deals on Thursday. While Goldman Sachs sold shares through Goldman Sachs Funds – Goldman Sachs India Equity Portfolio at a price … Read more
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After a bumper listing on Friday at a premium of about 94%, shares of ideaForge Technology tanked nearly 10% to Rs 1,171 in Monday’s trade on BSE as investors booked profits on concerns over high valuations post stock listing. After the overwhelming listing, analysts had advised investors to book profits. Anubhuti Mishra, Equity Research Analyst … Read more