Overview
- The Sensex rose 455 points to 82,176.45 as the Nifty advanced 148 points to 25,001.15.
- InterGlobe Aviation co-founder Rakesh Gangwal plans to divest up to 3.4% of his IndiGo stake via a Rs 6,831 crore block deal at a floor price of Rs 5,175 per share.
- Sagility India promoter Sagility B.V. has launched an Offer for Sale of up to 15.02% equity, including a green-shoe option to offload an additional 7.62% if demand holds.
- Q4FY25 results featured an 11% revenue increase for Aurobindo Pharma, a 717% profit surge for Awfis Space Solutions, a net profit rise to Rs 4 crore for Nazara Technologies and a 60% profit gain for Gillette India.
- Lupin signed a licensing and supply agreement for its Ranibizumab biosimilar in Latin America; Dabur India approved the merger of its Sesa Care subsidiary.