Gold Silver Reports – Amtek Auto Rise Liberty House Says It Is Preferred Bidder — Shares of the Gurugram-based auto parts maker rose as much as 5.3 percent to Rs 23.8. The stock rose after falling for five consecutive sessions.
The U.K.-based Liberty House says it is a preferred bidder for Amtek Auto Ltd., according to Bloomberg. Amtek Auto is among the distressed companies that the Indian government has put for sale.
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The stock has fallen more than 20 percent this year. – Goldman Neal Bhai Reports