Bulk deals: Goldman Sachs India Equity Portfolio offloads 0.54% stake in Mahindra Lifespace Developers

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The following bulk deals took place on both exchanges on March 19.

Mahindra Lifespace Developers
Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold 8.45 lakh shares (0.54 percent) of Mahindra Lifespace Developers Ltd at Rs 330.31 per share. The stock closed around 6 percent higher on March 19 at Rs 330. Over the last one year, the stock has fallen around 31 percent. Mahindra Lifespace Developers is a real estate and infrastructure development company.

SBFC Finance
SBFC Holdings PTE. LTD. sold 13.63 crore shares (1.25 percent) of SBFC Finance Limited at Rs 82 per share. The stock gained around 0.57 percent on March 19 to close at Rs 84.64. The stock gained around 7 percent over the last one year. SBFC Finance is a non-banking financial company (NBFC) specialising in small business and personal loans.

Silkflex Polymers India
India Equity Fund 1 purchased 64,000 shares (0.55 percent) of Silkflex Polymers India Ltd at an average price of Rs 66.22 per share. The stock closed at Rs 66.75, gaining around 4 percent. Silkflex Polymers India is engaged in the manufacturing of specialty chemicals and coatings.

VL E Gov and IT Solutions
Niranjan Lakhumal Hiranandani sold 6.26 lakh shares of VL E Gov and IT Solutions Ltd at Rs 31 per share. VL E Gov and IT Solutions is a technology solutions provider specialising in e-governance services.