Motilal Oswal MF buys stake in Jio Financial for Rs 754 crore in bulk deal

Motilal Oswal MF buys stake in Jio Financial for Rs 754 crore in bulk deal

Domestic fund house Motilal Oswal Mutual Fund has bought 3.72 crore shares in Jio Financial Services in bulk deals on Friday. The transaction was done at Rs 202.8 apiece, which takes the deal value to about Rs 754 crore, according to exchange data. After hitting multiple lower circuits in the previous sessions, Jio Financial shares … Read more