Monday, June 24, 2024

PrimeInvestor issues exit call on Quant MF schemes

PrimeInvestor said the risk of such front running news is two-fold. One, there will be redemption pressure on the AMCs' funds; and secondly, the stocks (if disclosed or rumoured) on which such front-running was allegedly done may come under selling pressure, it said.

from Economic Times https://ift.tt/SKHR8Ob

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Sudarshan Chemical Industries acquires Germany-based world’s second biggest pigment company Heubach Group

Sudarshan Chemical Industries announced the acquisition of Heubach Group for Rs 1,180 crore. Shares surged 20% on the news. Heubach Group is...