FIIs purchased equities for ₹9,951 crore but offloaded shares worth ₹12,418 crore, causing the net outflow.
Government projections indicate that electric scooters could account for nearly 80% of sales by 2030, while electric motorcycles may reach only around 10%.
Avantel confirmed that the award does not fall under related-party transactions and that neither the promoter group nor group companies hold any interest in the awarding entity.
The appointment was sanctioned by a circular resolution adopted by the Board on August 22, 2025, and reaffirmed by the required majority on August 25, 2025.
Spanning 23.98 acres, the unit had a combined investment of ₹119.83 crore within a timeline of 30 months.
For Signpost India, a company known for its digital out-of-home and urban infrastructure solutions, the Bengaluru deal is a significant milestone
The project, awarded by a domestic entity, is expected to be completed within six to eight months.
The estimated sale value of these shares is about ₹2,500 Crore. As per reports, the transaction shall take place at a floor price of ₹860 per share.
Here are some of the stocks that may see significant price movement today: IREDA, Tata Motors, Sai Life Sciences, etc.
At around 2.14 PM, GSK Pharma was trading 0.28% higher at ₹2,806.70 per piece, against the previous close of ₹2,798.80 on NSE.
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