Market News

Following Bain Capital’s announcement of a ₹4,385 crore investment for an 18% stake, Manappuram Finance’s share price increased by more than 5% in morning trading on March 21. The stock rose from ₹226.50 to ₹228.60. Manappuram Finance Share Price: A day after the company announced that Bain Capital would spend ₹4,385 crores to purchase a…

After Rajeev Jain was promoted to Vice Chairman and Anup Kumar Saha was named MD, Bajaj Finance’s stock increased by 4% to a record high of ₹9,070. Citing stability in leadership and anticipated improvements in financial performance, brokers increased their price estimates. Bajaj Finance Garners Multiple Price Target Upgrades: On Friday, March 21, Bajaj Finance…