tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Authum Investment’s Promoter Sells Stake, Ensures Stability

Story Highlights
Authum Investment’s Promoter Sells Stake, Ensures Stability

Meet Your ETF AI Analyst

Authum Investment & Infrastucture Ltd ( (IN:AIIL) ) just unveiled an announcement.

Authum Investment & Infrastructure Limited announced that Mentor Capital Limited, one of its promoters, has sold approximately 2.74% of its stake in the company through secondary market transactions to a renowned institution. Despite this sale, the promoters have assured stakeholders that they do not intend to sell any more of their holdings in Authum for the next 12 months, maintaining transparency and stability in their communication.

More about Authum Investment & Infrastucture Ltd

Authum Investment & Infrastructure Limited operates in the financial sector, focusing on investment and infrastructure development. The company engages in various financial services and infrastructure projects, catering to a diverse market.

Average Trading Volume: 203,457

Technical Sentiment Signal: Buy

Current Market Cap: 491.2B INR

See more data about AIIL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1