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GIC increases stake in Indian manufacturing company

By Bruhadeeswaran R

  • 09 May 2019
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GIC increases stake in Indian manufacturing company
Credit: Reuters

Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in an Indian auto component maker, taking advantage of a recent fall in the share price of the manufacturing company. GIC picked up an additional stake in Endurance Technologies Ltd via an offer for sale by the Aurangabad-based company’s promoter ......

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