On September 3, 2024, several notable stocks reached their 52-week highs, showcasing significant performance amid a generally mixed market environment. Among the standout performers were Mahindra & Mahindra Financial Services, ITC, SBI Life Insurance Company, Sun Pharmaceutical Industries, and HCL Technologies.
Despite these positive developments, broader indices reflected a cautious sentiment. At…
IndiGo Co-Founder Rakesh Gangwal to Sell 3.8% Stake for Rs 7,100 Crore
Rakesh Gangwal, co-founder of India’s largest airline IndiGo, is poised to reduce his stake in the company further, with plans to divest approximately 3.8% of his holdings in InterGlobe Aviation, the parent company of IndiGo. This strategic move is valued at around Rs 7,100 crore ($8.5 billion) and is part of Gangwal’s…
