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Authum Investment bulk deal: Goldman Sachs buys stake worth Rs 200 crore in multibagger midcap
Goldman Sachs on Friday bought nearly 9 lakh shares worth Rs 200 crore in Authum Investment & Infrastructure (AIIL) via a bulk deal. The shares were bought by its affiliate Goldman Sachs (Singapore) Pte at a price of Rs 2,250 apiece which was a 20% discount over the Thursday closing price.
Authum Investment shares today ended at Rs 2,710 on the BSE, down by Rs 98.10 or 3.5%.
Authum Investment is a midcap stock with a market capitalisation of Rs 46,028 crore.
A multibagger stock, shares of Authum Investment have delivered 163% returns over the last one year while rallying 44% on the year-to-date basis.
The stock is currently trading above its 50-day and 200-day simple moving averages (SMA) of Rs 2,545 and Rs 1,913, respectively.
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The stock has been quite volatile though and has traded with a 1-year beta of 1.6 according to Trendlyne data.Authum Investment reported a 14% fall in its June quarter net profit at Rs 943 crore versus Rs 1,097 crore in the year ago period. The profit is attributable to the owners of the company. The profit was down 46% on a sequential basis versus Rs 1,763 crore in Q4FY25.The revenue from operations stood at Rs 1,215 crore in the quarter under review which was down 14% over Rs 1,417 crore in the corresponding quarter of the previous financial year. The topline declined by 16 on the quarter-on-quarter basis versus Rs 1,452 crore in the January-March quarter.
The company incurred expenses of Rs 81 crore in Q4FY26, down from Rs 209 crore in Q4FY25 and Rs 173 crore in the year ago period.
Authum is a proprietary equity investments business and the company claims to offers a unique combination of an Investments Business and a Credit and Alternative Assets Business operating synergistically to deliver superior stakeholder value.
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