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
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
Shares of Indigo Paints fell by 5.7% to a low of Rs 1,452.10 on the BSE during early trading today. This decline followed a block deal estimated at Rs 179.2 crore, representing 2.5% of the company’s equity, at Rs 1,493 per share. Reportedly, 1.2 crore shares were traded in the transaction, with Peak XV Partners … Read more
Rakesh Gangwal, co-founder of InterGlobe Aviation, is looking to sell up to $804 million in the company through a block deal, ET Now reported. The floor price for the same may be Rs 4,593 per share, which is 5.5% discount to the current market price. Gangwal, the co-founder of India’s largest carrier, had said that … Read more
Chinese multinational technology conglomerate Tencent is likely to sell a 2.1% stake in PB Fintech via block deal at an estimated price of Rs 1,610 crore. The floor price for the issue is expected at Rs 1,660.2 per share, which is at a discount of 4.4% over Wednesday’s closing price of Rs 1737.10. The news … Read more
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
Private equity firm Warburg Pincus on Thursday exited Kalyan Jewellers, selling 2.36% stake in the company to promoter T S Kalyanaraman and the remaining 6.81% via block deal. The US-based company held 9.17% in Kalyan Jewellers as on June 30, 2024 through its affiliate Highdell Investment. It held the stake since 2014. Commenting on the … Read more
Cyient’s board of directors in a meeting held on Tuesday approved the company’s 14.50% stake sale in its subsidiary Cyient DLM Limited via block deal. The expected date for completion of the sale is August 21, a company filing said. The company is yet to announce the offer price. Cyient held 66.66% share in Cyient … Read more
Antfin Singapore Holding has sold Zomato shares worth Rs 4,771 crore via block deals on Tuesday. The stake sale which involved selling of over 18.54 crore shares was done in two block counts of 9.27 crore shares each. While the stock fell initially, it ended at Rs 263.20 on the NSE, gaining by Rs 1.03 … Read more
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
