Bulk deals: Invesco Developing Markets Fund offloads stake in Lodha Developers, Oberoi Realty

Invesco Developing Markets Fund sold 1.07 crore shares (2.95 percent) at an average price of Rs 1,754.26. The buyer was SBI Mutual Fund who bought 40.94 lakh shares (1.13 percent)

The following bulk deals took place on both exchanges on June 23.

Lodha Developers

Invesco Developing Markets Fund sold 95.26 lakh shares (0.95 percent) at an average price of Rs 1,384.93. On June 23, the stock fell nearly 7.6 percent to close at Rs 1,332.

Oberoi Realty

Invesco Developing Markets Fund sold 1.07 crore shares (2.95 percent) at an average price of Rs 1,754.26. The buyer was SBI Mutual Fund who bought 40.94 lakh shares (1.13 percent) at an average price of Rs 1,754.10. The stock fell around 2.3 percent to close at Rs 1,784.

SpiceJet

Plutus Wealth Management LLP bought 2.45 crore shares (1.91 percent) at an average price of Rs 38.12. The seller was Discovery Global Opportunity Mauritius Limited which sold 3.12 crore shares at an average price of Rs 38.14. The stock closed in the green, around 5.75 percent higher at Rs 40.29.

Monika Alcobev

Kingsman Wealth Fund PCC - KIF II bought 2.60 lakh shares (1.21 percent) at Rs 288 while Bhansali Value Creations Private Limited also bought 2.60 lakh shares (1.21 percent). Other buyers include Affluence Gems Private Limited that bought 3.50 lakh shares (1.63 percent) at Rs 287.53 and Pine Oak Global Fund bought 1.80 lakh shares (0.84 percent) at Rs 288. The shares of Monika Alcobev made a muted market debut on July 23 at Rs 288 apiece on the BSE SME platform. This marks a premium of less than a percent over its IPO price of Rs 286 apiece.