NBFC stock falls 9% after FII likely to sell 9.5% stake worth ₹2300 Cr via block deal

A prominent player in the Indian housing finance sector saw a significant movement in its stock price on November 13. The company’s shares dropped by 8.39% to ₹904.50 after a major block deal took place. In the transaction, Quality Investment Holdings sold 9.43% of its stake, amounting to 2.45 crore shares, valued at ₹2,300 crore. … Continue reading NBFC stock falls 9% after FII likely to sell 9.5% stake worth ₹2300 Cr via block deal