Morgan Stanley and Goldman Sachs acquired shares in small-cap multibagger Ather Energy in separate block deals on Wednesday, with the National Investment and Infrastructure Fund (NIIF) emerging as the seller. NIIF has sold over 33.78 lakh shares in transactions worth around Rs 233 crore.Other buyers of the electric two-wheeler maker included Tata Mutual Fund, Aditya […]
Fund manager Siddhartha Bhaiya, who recently passed away after suffering a cardiac arrest, had turned cautious on Indian equities in his latest views while spotting selective opportunities in global markets. He remained bullish on non-tech themes in the US, consumption-led developments in China and defensive sectors in Europe, which he said offered better risk-adjusted opportunities.“As […]
Shares of Apollo Micro Systems rose 5% to a day’s high of Rs 272.50 on Wednesday, December 31, after the defense-focused company announced new orders worth around Rs 420 crore, including a major contract from a subsidiary of Maharatna PSU Coal India. With today’s rise, the stock is within touching distance of its upper circuit […]