Morgan Stanley and Nippon India Mutual Fund (MF) are among the investors that bought around 63 lakh shares worth Rs 438 crore of HealthCare Global Enterprises (HCG) from private equity firm CVC Capital Partners through open market transactions, according to the NSE data. Motilal Oswal MF and Plutus Wealth Management are the other two entities that bought shares in HCG. On Wednesday, Morgan Stanley, Nippon India Mutual Fund (MF), Motilal Oswal MF and Plutus Wealth Management purchased 63 lakh equity shares representing a 4.52 per cent stake in Bengaluru-headquartered HCG. The transaction was valued at around Rs 437.85 crore, and was executed at an average price of Rs 695 apiece on the National Stock Exchange (NSE). Meanwhile, Luxembourg-based CVC Capital Partners through its affiliate, Aceso Company Pte Ltd offloaded these shares at the same price. After the stake sale, Aceso Company holding in HCG has come down to 4.24 per cent from 8.76 per cent. Shares of Healthcare Global ...
Morgan Stanley believes the recent demerger has created two distinct businesses catering to different investor risk appetites.
JSW Steel is well-positioned to benefit due to its significant domestic presence and focus on flat steel products, supported by expanding margins from higher HRC prices
Reliance is building out a fully integrated solar supply chain in India at a time when overcapacity is forcing China to rationalise its polysilicon production
The US-headquartered firm sees a compelling case for a re-rating, driven by India's increasing share in global output, stable fiscal and monetary frameworks
Morgan Stanley sees more FY26 earnings downgrades for NBFCs and advises investors to focus on stocks with strong fundamentals and valuation safety amid sector volatility
The shares were purchased at an average price of Rs 522.70 apiece, taking the transaction value to Rs 577.84 crore
Morgan Stanley has increased its Sensex target to 89,000 by June 2026, citing improving growth conditions and potential catalysts such as US trade deals and capital expenditure
Both global and local banks are considering joining the facility and the deal is expected to be completed by April 2026, pending regulatory approvals
The state government is aiming to develop state-of-the-art infrastructure facilities in an environmentally, economically, and socially sustainable manner
Institutional Securities, which houses the bank's Wall Street operations, posted revenue of $7.6 billion in the second quarter, compared with $7 billion, a year ago
Nuvama maintained a 'Hold' rating on DMart, and revised its target price to ₹4,086 from ₹4,273, citing sustained margin pressure.
Schloss Bangalore has received an 'overweight' rating from Morgan Stanley, with a target price of ₹549
Barclays Plc, Mitsubishi UFJ Financial Group Inc. and UBS Group AG were added to the recent bond and loan sale for Elon Musk's artificial intelligence startup
The proceeds will support xAI's continued development of AI solutions, a data center and its flagship Grok platform
Morgan Stanley, Citigroup Global Markets Singapore and six other entities on Thursday bought a 1.6 per cent stake in logistics solution provider Delhivery for Rs 461 crore through open market transactions. Besides, HDFC Mutual Fund (MF), Axis MF, Tata MF, ASK Asset & Wealth Management, Hill Fort Capital and Hong-Kong-based investment manager Viridian AM purchased shares of the Gurugram-based Delhivery, as per the block deal on the NSE. The entities picked up over 1.19 crore equity shares or 1.6 per cent stake in the company at an average price of Rs 387, taking the combined value to Rs 461 crore. Meanwhile, venture capital firm Nexus Venture Partners, through its affiliates Nexus Opportunity Fund and Nexus Ventures III, offloaded an equal number of shares at the same price. In the March quarter, Nexus Ventures III owned a 5.88 per cent holding in Delhivery. Shares of Delhivery slipped 0.54 per cent to close at Rs 386.05 per piece on the NSE. In April, Delhivery announced the ...
Thus far in CY25, the Nifty IT index has been an underperformer, slipping nearly 11 per cent as compared to 5 per cent rise in the Nifty 50 index
Trent's focused push on brand building, category expansion, and deeper market penetration-led by its flagship value retail brand Zudio-continues to find favour with analysts.
Private equity firm TA Associates on Tuesday exited AU Small Finance Bank by selling its entire 1.26 per cent stake in the company for Rs 714 crore through an open market transaction. According to the bulk deal data available on the BSE, US-based TA Associates through its arm TA FDI Investors sold 93.90 lakh shares, amounting to a 1.26 per cent stake in Jaipur-based AU Small Finance Bank (AU SFB). The shares were disposed of at an average price of Rs 760.07 apiece, taking the deal value to Rs 713.78 crore. Details of the buyers of AU SFB's shares could not be ascertained on the BSE. Shares of AU Small Finance Bank fell 0.93 per cent to close at Rs 764.70 apiece on the BSE. In a separate block deal on the BSE, Morgan Stanley Asia (Singapore) sold 1.25 lakh shares of Bajaj Finserv for Rs 25 crore through an open market transaction. The shares were offloaded at an average price of Rs 1,983.8 apiece, taking the deal value to Rs 24.80 crore. These shares were acquired by Paris-based
Grasim Industries shares jumped in trade after New York, US-based brokerage Morgan Stanley upgraded the rating to 'Overweight', from 'Equal-weight.'