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INDOSTAR CAPITAL MAURITIUS
Market Movers: RIL leads, 2-wheelers race ahead; 214 stocks log 52-week highsHere is a lowdown on what happened in Wednesday’s trade- SGX Nifty down 40 points; here's what changed for market while you were sleepingThe index formed a bearish candle on the daily chart with a longer lower wick, reflecting the recovery from the day's low.
- IndoStar Capital Finance raises Rs 1,225 croreIndoStar has assets under management of around Rs 10,200 crore and has nearly 70,000 customers.
- Stocks in the news: RIL, Aurobindo Pharma, Hero MotoCorp, Adani Ports, Future Retail and ONGCStrides Pharma said it has ceased distribution of its ranitidine tablets in the US market.
- Brookfield to invest Rs 1450 crore for 40% in IndoStarBrookfield will invest the money through a combination of subscription to securities and purchase of shares from IndoStar Capital Mauritius...
- Brookfield to invest up to Rs 1000 crore in IndoStar Capital FinanceThe fund infusion will be taken up by the company’s board in a meeting scheduled for Friday.
- Brookfield may buy majority stake in IndoStarDeal likely at about 10% premium to the current market price of the finance company
- Stocks in the news: Lupin, ONGC, IDBI Bank, Coal India and Bharti AirtelUBS has maintained buy rating on Motherson Sumi and lowered target price to ₹160.
- Buy Indostar Capital Finance, target Rs 593: LKP SecuritiesBuy Indostar Capital Finance Ltd. at a price target of Rs 593.
- Everstone, Goldman may get 5x returns on Indostar Cap betsIndoStar Capital Mauritius owns 90.74 per cent of the Indian company.
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