Pine Labs shares in focus as Mastercard likely to sell stake in Rs 892 crore block deal

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Pine Labs shares will be in focus today as Mastercard Asia Pacific is likely to sell up to 49.7 million shares (4.3% stake) worth Rs 892.5 crore via a block deal. The floor price is fixed at Rs 179.50 per share. Meanwhile, Motilal Oswal initiated coverage with a Buy rating.