GK and monthly revision

Morgan Stanley, Goldman Sachs pick multibagger Ather Energy via block deals; NIIF sells Rs 233 cr stake

Morgan Stanley and Goldman Sachs acquired shares in electric vehicle startup Ather Energy through block deals worth Rs 233 crore, as the National Investment and Infrastructure Fund (NIIF) sold over 33.78 lakh shares. This transaction highlights the growing investor interest in the electric vehicle sector, which is a key focus area for the government and has significant potential for future growth.