Bengaluru, June 6 -- This major manufacturer of commercial vehicle components and systems made headlines today following a significant share transaction. A large block deal, involving roughly 3 percent of its equity, was approved and executed.
ZF Commercial Vehicle Control Systems India Limited's stock, with a market capitalisation of Rs. 26,201 crores, rose to Rs. 14,200, hitting a high of up to 6.58 percent from its previous closing price of Rs. 13,323. However, the stock over the past year has given a negative return of 18.72 percent.
Block Deal
ZF Commercial shares were in the spotlight after block deals worth Rs. 792 crore exchanged hands. Around 6 lakh shares, accounting for 3.17 percent of the company's total equity, changed hand...
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