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SBI Mutual Fund and Tata MF acquired a 1.12% stake in Ratnamani Metals & Tubes for Rs 262 crore through open market transactions. They purchased shares at an average price of Rs 3,335 each. Nalanda Capital offloaded its shares. Ratnamani Metals & Tubes' stock price dipped slightly following the transaction.
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News and Media
RateGain Travel Technologies' stock has declined 13% post Q2 results despite strong revenue and profit growth. Concerns include lower growth in contract wins, pricing pressure, and the loss of a key account. However, the company expects strong growth in the second half of the fiscal year. RateGain is a SaaS provider focused on the travel and hospitality sector.
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News and Media
UnitedHealthcare CEO Brian Thompson was killed Wednesday morning in what investigators suspect was a targeted shooting outside a Manhattan hotel where the company was holding an investor conference.
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News and Media
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