Big Movers on D-Street: What should investors do with Suzlon Energy, Torrent Pharma and Sona BLW?

Big Movers on D-Street: What should investors do with Suzlon Energy, Torrent Pharma and Sona BLW?

Benchmark indices ended lower on the last day of May amid negative signals from global markets. The S&P BSE Sensex fell 346 points at 62,622, while the Nifty50 settled at 18,534 levels. Among the sectors, auto gained 0.15%, FMCG was up 0.23%, IT was flat, while bank, metals, and financials dragged. Stocks that were in … Read more

Blackstone sells entire stake in Sona BLW Precision for Rs 4,916 cr via block deal

Blackstone sells entire stake in Sona BLW Precision for Rs 4,916 cr via block deal

Blackstone has sold its entire 20.5% stake in Sona BLW Precision Forgings for about Rs 4,916 crore via a block deal on Monday. Blackstone, through its subsidiary, Singapore VII Topco III Pte Ltd, offloaded about 11,99,25,641 shares at a price of Rs 410 per unit, according to the data available with the exchanges. The sale … Read more