TTK Healthcare's delisting is aimed at streamlining its business strategy by expanding into new categories and businesses with each having their distinct risk profiles and funding requirements.
Midcap stocks continued to do well in a bearish market for the second day in a row, indicating that wealthy investors have begun sniffing around for bargains
Currently, promoters hold 75 percent in the company and public shareholders hold 25 percent
Abakkus has bought a total of 2.47 lakh equity shares in a stock which has been in an uptrend since March 2020 barring intermittent correction and consolidation.
At 1:45pm the scrip traded at Rs 880 apiece on the BSE, up 8.88 percent, while the benchmark Sensex was down 467.08 points or 0.81 percent at 57,396.85.