Amara Raja Batteries stock slides 4% on Clarios stake sale; brokerages see no investment in lithium-ion tech as threat
According to a CNBC-TV18 report, Clarios was to sell 17.1 million shares for an aggregate of $ 174 million today. The floor price for the same had been fixed at Rs 746 per share. As of March 31, 2021, Clarios ARBL Holding LP held a 41 million or 24 percent stake in Amara Raja Batteries, […]
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