bullish

Shriram Finance Placement - Well Flagged Cleanup but Watch Out for the Recent Spike

442 Views20 Jun 2023 20:42
Piramal Enterprises (PIEL IN) plans to raise around US$600m via selling its entire 8.3% stake in Shriram Finance. The deal is very well flagged, although the stock has spiked recently.
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets
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