Shares of ZF Commercial Vehicle Control Systems India Ltd rallied 5%, reaching ₹14,030 per share, after a block deal worth ₹792 crore was executed on June 6, 2025.
🔴 Key Highlights:
- Around six lakh shares were exchanged at ₹13,191 apiece, fueling the stock’s upward momentum.
- Promoter WABCO reportedly offloaded a 3.13% stake, aiming to raise ₹720 crore.
- The floor price for the deal was set at ₹12,000 per share, reflecting a 10% discount to the last traded price.
- Despite a 20% decline over the past year, ZF Commercial shares have gained 15% in the last month.
📢 Market Experts Speak:
- Analysts believe the block deal signals a strategic divestment, following a 6% stake sale in November 2024.
- ZF Group aims to enhance liquidity and financial flexibility, strengthening its growth trajectory.
⚠️ Strategic Impact:
- The transaction underscores investor confidence, with ZF Commercial maintaining a market capitalization of ₹26,700 crore.
- Citi is managing the deal, ensuring smooth execution in the market.
👉 What do you think? Will ZF Commercial sustain its rally? Drop your thoughts in the comments!
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