 "Granules India hits fresh 52-week high as PE firms eye stake report")
Shares of Granules India climbed 6 per cent in Thursday's early morning trade to hit a fresh 52-week high of Rs 135.85 on the BSE on report that private equities (PE) are eyeing controlling stake in the pharmaceutical company.
The stock of one of the largest contract research & manufacturing companies in the country surpassed its previous high of Rs 134 touched on November 20.
“The Blackstone Group, KKR & Co, Apax Partners, Advent International and Bain Capital are among the leading global PE companies engaged in early-stage discussions to acquire Granules India,” a report by The Economic
The stock of one of the largest contract research & manufacturing companies in the country surpassed its previous high of Rs 134 touched on November 20.
“The Blackstone Group, KKR & Co, Apax Partners, Advent International and Bain Capital are among the leading global PE companies engaged in early-stage discussions to acquire Granules India,” a report by The Economic
