Recently, some well-known financial companies, like Bank of America and Goldman Sachs, bought a lot of shares in Home First Finance. They spent around ₹1,100 crore (which is a huge sum of money!) to do this.
A block deal is when big investors buy or sell a lot of shares at once, and this was a big one! Share prices changed a bit after the news was revealed.
This is exciting for Home First Finance, showing that these big companies believe in their future. Investors are eager to see how this will affect the company and its share prices in the upcoming days.
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