[ad_1]
As of the December quarter, the hedge fund held a 4.51 per cent stake within the firm or 40,01,783 shares. The bought shares represent about one-sixth of its holdings. The transaction occurred at a mean value of Rs 1,714.05 per share.
It was not clear who purchased these shares.
Earlier this week, US-based Bain Capital agreed to purchase a 24.98 per cent fairness stake within the wealth administration participant for Rs 3,679.95 crore, whereas present traders, together with Basic Atlantic and Prem Watsa’s Fairfax Holdings, mentioned they might offload their stake.
The inventory ended 1.8 per cent increased at Rs 1701.30 on BSE on Friday.
In one other transaction, Lok Prakashan, the writer of Gujarat Samachar–a Gujarati newspaper, purchased 1,04,871 shares in Star Paper Mills at 172.94 per share.
Earlier, the smallcap inventory jumped 8.39 per cent in Mumbai buying and selling.
Listed below are another key bulk deal transactions of the day:
ETMarkets.comETMarkets.com[ad_2]
Source link
