Mphasis shares are expected to see significant movement on Tuesday, November 18. Promoter Blackstone is looking to sell a substantial stake of up to 9.5% through block deals. The floor price is set at Rs 2,570 per share. This transaction is estimated to be worth around Rs 4,626 crore. Blackstone previously reduced its holding in June 2023.
Mphasis shares drop 2% as Blackstone likely sells 9.5% stake in Rs 4,600
The Economy Times Markets8 hrs ago
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