Stocks in news: Paytm, Universal Autofoundry, Union Bank, Max Financial, Hero MotoCorp
Universal Autofoundry
Ace investor Ashish Kacholia has picked up a stake in iron casting maker Universal Autofoundry through block deals on Thursday.
Paytm
Antfin is likely to sell 3.6% stake in fintech major Paytm through a block deal on Friday, according to reports.
Read more: What changed the market while you were sleeping
Coforge
Promoter Baring PE, through its affiliate Huslt BV, has sold its entire stake in IT services company Coforge through bulk deals on Thursday.
Max Financial
Max Ventures Investment Holdings, a promoter group entity of Max Financial Services, on Thursday, sold 3.3% stake in the company for Rs 982 crore.
Union Bank
Union Bank board approved closure of QIP on Thursday after receipt of application forms for an aggregate amount of Rs 5,000 crore.
Infosys
Infosys has on boarded Tennis icon Rafael Nadal as ambassador for the brand and Infosys’ Digital Innovation.
Hero MotoCorp
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, announced the launch of New Glamour.
Astra Microwave
The company has bagged orders worth Rs 158 crore for supply of satellite sub-systems, airborne radar and sub-systems of radar and EW projects, from DRDO, ISRO and DPSU.
