RBL Bank shares will be in focus on Thursday after a large block deal saw Mahindra & Mahindra likely sell its entire 3.45% stake for about Rs 678 crore at Rs 321 per share, according to reports. M&M had invested at Rs 197 in 2023, making this a 63% return. The company had earlier indicated no plans to raise its stake above 9.9%.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets