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📰 Novartis India Shares Surge After Swiss Parent Announces ₹1,446-Crore Exit Plan
Shares of Novartis India Ltd  rallied sharply after its Swiss parent Novartis AG  announced plans to sell its entire 70.68% stake  in the Indian arm to an investor consortium in a deal valued at approximately ₹1,446 crore . The buyers include WaveRise Investments , ChrysCapital  (through ChrysCapital Fund X), and Two Infinity Partners . 📈 Stock Market Reaction Following the announcement, Novartis India shares surged significantly during intraday trade, as investors responde

Laxmi Galani
Feb 202 min read
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