Bharat Financial
By
Ruma Dubey
about 8 years ago
Bharat Financial Inclusion rose 1.5% to the day’s high point at Rs.749.50 and is currently holding onto the green.
The market is agog with rumours that the company, which was earlier known as SKS Microfinance is up on sale and there are now three suitors in the fray.
Earlier, the rumour mill had it that RBL Bank was interested which called it “speculative” followed by IndusInd and today, it is said that Aditya Birla Capital is also interested.
None of this news is officially confirmed but surely, something is happening in Bharat Financial for sure and if clandestine negotiations are on, it will take a few months for this come out officially.