BNP Paribas adds a Navratna to its cap, makes Rs 392 crore bet on railway PSU via bulk deal




BNP Paribas acquired a Rs 392 crore stake in Container Corporation of India (CONCOR) on Monday through a bulk deal, purchasing 72.18 lakh shares via its affiliate. Despite CONCOR’s recent market underperformance and trading below key moving averages, the company reported a modest 3.6% net profit growth in the September quarter.



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