BNK up as RPG seen on prowl for CESC stake
Rumours also suggest that the company has plans to take its BPO subsidiary, BNK esolution, public.
By TNN |
Shares of Kolkata-based BNK Capital Market has moved up around 40% over the past week on rumours that the RPG group is planning to buy out the 3.56% stake the former holds in CESC, an RPG group entity. As per market talk, if the deal goes through, it would fetch around Rs 200 crore to BNK Capital.
Rumours also suggest that the company has plans to take its BPO subsidiary, BNK esolution, public. When contacted company officials denied that any such development was in the offing. The stock of BNK Capital Market ended 5% up at Rs 51.60 on the BSE on Monday.
Rumours also suggest that the company has plans to take its BPO subsidiary, BNK esolution, public. When contacted company officials denied that any such development was in the offing. The stock of BNK Capital Market ended 5% up at Rs 51.60 on the BSE on Monday.
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