Nippon Life India Asset Management share price rises almost 9% on large trade deal news
Nippon Life India Asset Management Ltd share price gained up to 8.9% in morning trades on the NSE on Wednesday. A large trade deal news triggered these gains. CNBC TV-18 quoting sources has reported that Private sector lender IndusInd Bank is likely to divest a 2.86% equity stake in Nippon Life India Asset Management Ltd (Nippon AMC) through block deals. The block deal is valued at ₹762 crore and the broker is JM Financial Institutional Securities Ltd, sources told CNBC-TV18.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download Finplay News App to get Daily Market Updates.
More
Less
Published: 20 Dec 2023, 10:17 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.