Market Focus: Key Stocks and Developments for Thursday
Gujarat Fluorochemicals faces a shift in ownership as Devansh Trademart LLP divests a 1.18% stake for Rs 460 crore, reducing promoter holdings to 61.4%. The transaction underscores ongoing adjustments in the chemicals sector.
SBI Mutual Fund's acquisition of a 2.85% stake in Pitti Engineering for Rs 102 crore signals institutional confidence in the engineering firm. The deal, executed at Rs 950.10 per share, reflects strategic positioning in industrial equities.
Smartworks Coworking expands its Mumbai footprint with a 5.57 lakh sq ft lease at Intellion Park, marking its largest managed office campus in the city. The MOVE highlights growing corporate demand for flexible workspace solutions amid hybrid work trends.