3 weeks ago

Multibagger NBFC stock edges higher after acquiring stake in SpiceJet. Do you own?

Authum Investment & Infrastructure shares gained over 2% in intra-day deals on Monday, March 24, after the company disclosed it had acquired an additional 3.82% stake in airline SpiceJet in an off-market transaction last week. Stock Price Trend Following this update, Authum Investment & Infrastructure share price gained 2.06% to hit the day's high of ₹1585 apiece. Dividend Payout Last week, the company announced interim dividends to its equity and preference shareholders. The Board declared an interim dividend of 7% of the face value of ₹10/- each fully paid-up preference shares for the Financial Year 2024-25, amounting to ₹0.7 apiece.

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