The company’s financial profile remains strong, aided by steady revenue growth, solid margins, healthy order book, and earnings visibility
Bharti Enterprises sold 1.26 percent stake in ICCI Lombard while ICICI Bank picked up 1.41 percent equity stake
The broader market ended mixed. The Nifty midcap 100 index declined 0.1 percent, while the Nifty smallcap 100 index gained 0.2 percent
Promoter Sion Investment Holdings Pte Limited, which pared around 33.2 percent stake in CMS Info in 2023, has again offloaded its stake in the company.
Sion Investment’s stake sale will be likely worth over Rs 1,500 crore