Shares of Tata Technologies will be in focus today as TPG Rise is set to offload a significant stake through a block deal.
The seller is looking to divest 2.1 percent equity in the company.
The floor price for the block deal has been set at Rs 744.5 per share, which is at a 3 percent discount to the last closing price.
The total block size is estimated at around Rs 634 crore.
The market will watch today’s session closely as this large block deal is absorbed.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
