By Debdeep Gupta | 10 Dec, 2024
Syngene Intl stock jumps 3?ter promoter Biocon likely offloads Rs 706 cr worth stake
A block deal involving Rs 706 crore shares of Contract Development Manufacturing Organisation (CDMO) player Syngene International took place on the exchanges on December 10, with promoter Biocon being the likely seller. As much as 82.2 lakh shares, making up a 2 percent stake in Syngene changed hands at an average price of Rs 858.5 apiece, reflecting an over 1 percent discount from Monday's closin...