SENSEX 77,527.56
NIFTY 24,239.50
+ 7.65
CRUDEOIL 8,315.00
+ 11.00
Tube Investments increases its stake in Shanthi Gears to 73.16% with a ₹77.49 crore block deal.
Tube Investments raised stake in Shanthi Gears to 73.16% through ₹77.49 crore block deal, consolidating control over the gear manufacturer. The consolidation reflects TII's strategy to deepen control while SGL's revenue softness (₹604.62cr → ₹518.72cr) signals auto-components headwinds.
SENSEX 77,527.56
NIFTY 24,239.50
+ 7.65
CRUDEOIL 8,315.00
+ 11.00

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