Kolte-Patil Stock Gains on Blackstone Stake Approval

  Published 11 months ago

Kolte-Patil shares rise 2.3%, first gain in three sessions after CCI approves Blackstone’s 40% stake; analysts rate it 'strong buy' with 520 rupee target; YTD up 31%.

  • India’s Kolte-Patil shares jump 2.3% after CCI approves Blackstone’s 40% stake purchase, ending two sessions of declines.
  • Analysts’ average rating is 'strong buy' with a 520-rupee median target per LSEG data, signaling bullish sentiment.
  • Stock surges 31% year to date amid regulatory approval and positive analyst outlook, boosting investor confidence.

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