Fila

Italian multinational FILA Group, one of the promoters of DOMS Industries, has divested a 7 per cent stake in the company for Rs 934 crore through open market transactions, according to the bulk deal data on the NSE. Meanwhile, SBI Mutual Fund (MF) and Axis MF have increased their holdings in DOMS Industries by purchasing a combined stake of 2.13 per cent for Rs 285 crore. DOMS manufactures and markets a wide range of stationery and art materials, while FILA Group is a supplier of art materials and has a portfolio of 25 iconic brands. FILA -- Fabbrica Italiana Lapis ed Affini SPA offloaded over 42.48 lakh equity shares in two tranches, representing a 7 per cent stake in DOMS Industries, as per data on the National Stock Exchange (NSE). The shares were sold in the price range of Rs 2,200.07-2,200.55 apiece on Wednesday, taking the combined transaction value to Rs 934.74 crore. Following the transaction, Fila Group's shareholding in DOMS Industries has come down to 19.01 per cent fr

HDFC Securities, in a note dated September 30, maintained its 'Sell' recommendation, due to expensive valuations at 55x estimated September 2027 P/E.

Samsung Electronics has unveiled accessories for its latest wireless earbuds in collaboration with global sportswear brand Fila as the South Korean tech firm aims to attract more young consumers

Cravatex Brands is official distributor of Fila products in the country