UBS buys 81 lakh shares of IDFC for Rs 88 crore via block deal ahead of stock’s suspension from Thursday

UBS buys 81 lakh shares of IDFC for Rs 88 crore via block deal ahead of stock’s suspension from Thursday

UBS bought over 81 lakh shares in IDFC Limited on Wednesday for Rs 88 crore through UBS Principal Capital Asia Limited via a block deal. The shares were purchased at a price of Rs 107.92 apiece. IDFC Limited shares will be suspended from trading with effect from Thursday, October 10 which is the record date … Read more

Morgan Stanley, Goldman Sachs, this smallcap fund buy Nuvama shares worth Rs 1,235 crore via block deals

Morgan Stanley, Goldman Sachs, this smallcap fund buy Nuvama shares worth Rs 1,235 crore via block deals

Nuvama Wealth Management on Friday witnessed a series of block deals where Morgan Stanley, Goldman Sachs and Smallcap World Fund Inc bought shares at a combined cost of Rs 1,235 crore. While Morgan Stanley purchased 3.42 lakh shares at a total cost of Rs 229 crore, Goldman Sachs picked up 3.24 lakh shares and the … Read more

Radhakishan Damani sells 1 lakh shares in VST Industries for Rs 4.4 crore via block deal

Radhakishan Damani sells 1 lakh shares in VST Industries for Rs 4.4 crore via block deal

Indian Railway Finance Corporation Share Price 155.25 03:59 PM | 19 Sep 2024 -3.32(-2.09%) One97 Communications Share Price 655.05 03:59 PM | 19 Sep 2024 -16.41(-2.45%) YES Bank Share Price 22.95 03:59 PM | 19 Sep 2024 -0.38(-1.59%) ITC Share Price 508.25 04:02 PM | 19 Sep 2024 0.9(0.18%) HDFC Bank Share Price 1708.5 04:02 … Read more

BofA, Aditya Birla MF buy shares worth Rs 42 crore in debutant Interarch Building Products via block deals

BofA, Aditya Birla MF buy shares worth Rs 42 crore in debutant Interarch Building Products via block deals

Bank of America (BofA) bought 1.3 lakh shares of Interarch Building Products on Monday via a block deal at a cost of Rs 16.74 crore. The stock made its debut on the exchanges today and against the issue price of Rs 900, BofA bought Interarch shares at a price of 1,287.75 per share which was … Read more

FPIs infuse Rs 12,170 crore in equities in Jun on hopes of policy reform continuation, eco growth

FPIs infuse Rs 12,170 crore in equities in Jun on hopes of policy reform continuation, eco growth

Staging a strong comeback after general election results, foreign investors pumped Rs 12,170 crore in Indian equities so far in June, mainly driven by expectations of continued policy reforms and sustained economic growth. This came following a net withdrawal of Rs 25,586 crore from equities in May on poll jitters and more than Rs 8,700 … Read more

General Atlantic likely to sell 6.2% stake in KFin Tech via block deal: Report

General Atlantic likely to sell 6.2% stake in KFin Tech via block deal: Report

MUMBAI – Global private equity firm General Atlantic is likely to sell 6.2% stake in KFin Technologies through a block deal, ETNow reported, quoting sources. In case of a strong response, the private equity firm has the option to sell another 3.8% stake in the company, thereby taking the total deal size to 10% stake. … Read more

Warburg Pincus offloads 1.3% stake in IDFC First Bank for Rs 790 crore

Warburg Pincus offloads 1.3% stake in IDFC First Bank for Rs 790 crore

US-based private equity firm Warburg Pincus sold its partial stake in IDFC First Bank through block deals on Thursday. Warburg Pincus, through its affiliate Dayside Investment, offloaded 9.17 crore shares or 1.3% in the private sector lender. The transaction was done at Rs 86.1 apiece, taking the deal value to Rs 790 crore. It is … Read more

Bain Capital sells 0.7% stake in Axis Bank for Rs 2,178 crore, 50 FPIs lap up shares

Bain Capital sells 0.7% stake in Axis Bank for Rs 2,178 crore, 50 FPIs lap up shares

Private investment firm Bain Capital has sold partial stake in private lender Axis Bank via block deal on Thursday, while many domestic and foreign funds lapped up the shares. According to block deal data available with the exchanges, Bain Capital has sold 2.25 crore shares or 0.7% stake in the lender at a weighted average … Read more