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SBI Mutual Fund sold a 2.43% stake in Nazara Technologies for about Rs 216 crore via open-market bulk deals, cutting its holding to 3.35% from 5.78%. The fund offloaded over 90 lakh shares, while Nazara’s stock rose more than 6% after the transaction.
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Horizon Industrial Parks, backed by global private equity firm Blackstone, on Monday filed preliminary papers with markets regulator Sebi to raise Rs 2,600 crore through an initial public offering (IPO).
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Neolite ZKW Lightings has filed its DRHP with Sebi for a Rs 600 crore IPO, comprising a fresh issue and OFS. The automotive lighting maker plans to use proceeds for a new Tamil Nadu facility, capacity expansion and debt repayment, backed by strong FY25 growth and improving profitability.
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Six BSE 200 stocks, including NMDC and Hindustan Zinc, defied market weakness to hit fresh 52-week highs with gains of up to 27% over the past month.
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Realty firm Gaurs Group on Monday said it has raised Rs 440 crore through issue of debentures for land acquisitions, repay costly loans and build projects.
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