Surmodics's 15min Chart Shows Bollinger Bands Expanding Downward, Bearish Marubozu

Surmodics' 15-minute chart has triggered Bollinger Bands expanding downward and a bearish Marubozu at 10/03/2025 14:00, indicating that the market trend is currently being driven by sellers. As a result, the sellers appear to be in control of the market, and it is likely that the bearish momentum will continue.

Sammaan Capital Limited's stock experienced a 3% decline to ₹163.86 on the National Stock Exchange (NSE) on Friday, October 3, 2025, following the announcement of a significant investment by Abu Dhabi's International Holding Company (IHC). The company's shares have been on a rollercoaster ride, rallying 25% in the previous four trading days before the news broke.

Abu Dhabi-based Avenir Investment RSC, an affiliate of IHC, will acquire a 43.46% stake in Sammaan Capital through a ₹8,850 crore preferential allotment. This deal involves issuing 333 million shares at ₹139 apiece to raise ₹4,587 crore and two warrant tranches worth ₹1,207 crore and ₹3,055 crore, triggering an open offer for an additional 26%. Avenir will gain control, be classified as a promoter, and secure board nomination rights Sammaan Capital stock dips 3% even as IHC eyes majority stake; here's why^[1].

The investment is a significant boost for Sammaan Capital, enhancing its stability, access to liabilities, and credit profile. The company's stock, trading at around 0.6x Price-to-Book (P/B) ratio with a ₹14,045 crore market cap, could see a meaningful rerating as promoter control shifts to a global strategic investor, strengthening governance and growth visibility Sammaan Capital stock dips 3% even as IHC eyes majority stake; here's why^[1].

Additionally, Goldman Sachs (Singapore) PTE – ODI and ICICI Prudential Mutual Fund (MF) have also bought stakes in Sammaan Capital via open market deals. On Wednesday, October 1, 2025, Goldman Sachs (Singapore) Pte – ODI purchased 6.63 million shares for ₹109 crore, while ICICI Prudential MF bought 4.35 million shares on Monday, September 29, 2025 Sammaan Capital stock dips 3% even as IHC eyes majority stake; here's why^[1].

The housing finance sector in India continues to show strong fundamentals, with a projected compound annual growth rate (CAGR) of 24.1% through 2033, driven by favorable demographics, improving affordability, increasing urbanization, and robust government support. Sammaan Capital is well-positioned to capture this opportunity with its differentiated origination strategy, asset-light business model, and proven co-lending execution across affordable housing and MSME segments Sammaan Capital stock dips 3% even as IHC eyes majority stake; here's why^[1].