Flipkart Investments is set to exit its entire 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLB) through block deals worth around Rs 950 crore, according to a CNBC Awaaz report. The sale will involve 7.3 crore shares at a base price of Rs 130 per share. The move marks one of the larger exits … Read more
Promoters of wires and cable company Polycab India will likely offload up to 0.81% stake in the company via block deals on Thursday. The floor price has likely been set at Rs 7,300 per share taking the deal size to Rs 887.6 crore. The floor price is likely set at a discount of 3.1%, a … Read more
Norway-based Norges Bank bought over 14.62 lakh shares worth Rs 158 crore in Clean Science and Technology via block deal on Thursday. Nippon India Mutual Fund, SBI Mutual Fund and Bajaj Allianz Life Insurance Company were also buyers in the bulk deals where promoters Asha Ashok Boob and Ashok Ramnarayan Boob together sold over 1.9 … Read more
Kotak Mahindra MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius are among those entities that collectively bought a 10.64 per cent stake in Home First Finance Company India for Rs 1,307 crore through open market transactions on Monday. According to the block deal data available on the NSE, Kotak Mahindra Mutual Fund (MF) bought … Read more
Morgan Stanley, Citigroup Global Markets Singapore and six other entities on Thursday bought a 1.6 per cent stake in logistics solution provider Delhivery for Rs 461 crore through open market transactions. Besides, HDFC Mutual Fund (MF), Axis MF, Tata MF, ASK Asset & Wealth Management, Hill Fort Capital and Hong-Kong-based investment manager Viridian AM purchased … Read more
One of the world’s largest asset managers Vanguard on Friday executed two large block deals in Vishal Mega Mart Limited, acquiring a total of over 5 crore shares worth Rs 655 crore. The US-based company bought shares in the Indian retailer through a couple of funds viz. Vanguard Total International Stock Index Fund and Vanguard … Read more
SBI Mutual Fund (MF) and Tata MF on Wednesday bought shares of Ratnamani Metals & Tubes for Rs 262 crore through open market transactions. According to the block deal data available on the National Stock Exchange (NSE), SBI Mutual Fund purchased 7.55 lakh shares, while Tata MF picked 30,000 shares, amounting to a combined 1.12 … Read more
Morgan Stanley bought over 6.7 lakh shares in Niyogin Fintech at a total cost of Rs 3.74 crore via a block deal on Tuesday. The stock was purchased at a price of Rs 55.65 apiece, up 2.8% against the Monday closing price of Rs 54.14 on the BSE. The seller in the deal was Think … Read more
Ace investor Madhuri Madhusudan Kela on Wednesday bought 5 lakh shares in debutant Godavari Biorefineries via a block deal. She purchased shares at a price of Rs 335.66 apiece, aggregating to nearly Rs 17 crore. The latest addition takes her portfolio tally to 12 stocks. Godavari Biorefineries stock was today listed at Rs 310.55 on … Read more
American multinational Citigroup on Monday offloaded private sector lender HDFC Bank‘s shares worth Rs 275 crore through an open market transaction. Citigroup, through its arm Citigroup Global Markets Mauritius, sold 15,79,953 shares of HDFC Bank, as per the block deal data available on the BSE. The shares were disposed of at an average price of … Read more