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Orkla ASA ( (GB:0FIN) ) just unveiled an announcement.
Orkla India Limited, a subsidiary of Orkla ASA, has commenced trading on the Indian stock exchanges following a successful initial public offering. The IPO involved the sale of 22,843,004 equity shares, with Orkla Asia Pacific Pte. Ltd. selling 15% of Orkla India’s share capital, raising approximately NOK 1.5 billion. Orkla ASA retains a 75% ownership in Orkla India, marking a significant step in its market presence in India.
The most recent analyst rating on (GB:0FIN) stock is a Buy with a NOK125.00 price target. To see the full list of analyst forecasts on Orkla ASA stock, see the GB:0FIN Stock Forecast page.
More about Orkla ASA
Average Trading Volume: 859,939
Current Market Cap: NOK103.3B
See more data about 0FIN stock on TipRanks’ Stock Analysis page.