SBI MF sells 2.4% in Nazara for Rs 216 crore; Smallcap World exits 5.2% of Entero

Bulk deals on December 29

SBI Mutual Fund has offloaded 2.4 percent equity stake in Nazara Technologies, the gaming and sports media platform, via open market transactions on December 29, while promoter has acquired Rs 50 crore worth shares in Honasa Consumer, the digital-first beauty and personal care company.

Despite big stake sale, Nazara Technologies shares rallied 6.7 percent to close at Rs 253.3 on the NSE, especially after the past couple of days of consolidation.

As per the bulk deals data published by exchanges, SBI Mutual Fund sold 45.09 lakh shares in Nazara at Rs 240.18 per share, and 45 lakh shares at Rs 240.03 per share, which total amounted to over Rs 216 crore.

SBI Mutual Fund held 5.78 percent stake in Nazara Technologies as of September 2025.

The major action was also seen in Entero Healthcare Solutions which shares ended at new closing low of Rs 949.20, down 0.35 percent.

Capital Group-owned Smallcap World Fund Inc sold 22.69 lakh shares (equivalent to 5.2 percent of paid-up equity) in Entero, the healthcare products distribution platform, at Rs 950 per share for Rs 215.6 crore. However, ICICI Prudential Mutual Fund has acquired 21.82 lakh shares (5.01 percent stake) at same price for Rs 207.29 crore.

Smallcap World Fund was holding 5.42 percent stake in Entero as of September 2025.

Honasa Consumer has also seen exchange of shares on Monday, which rallied 3.18 percent to Rs 277. Promoter Varun Alagh has bought additional 18.51 lakh shares (0.56 percent) stake) in the company at Rs 270 per share for nearly Rs 50 crore, from Fireside Ventures Investment Fund I.

Fireside Ventures Investment Fund held 1.93 percent stake in the parent company of Mamaearth, as of September 2025.

Mangalam Drugs and Organics was locked in 5 percent upper circuit at Rs 24.96, perhaps may be after Kedia Securities, owned by ace investor Vijay Kedia, picked up 1.37 lakh shares (0.87 percent stake) in the pharma company at Rs 24.15 per share for Rs 33.27 lakh.

The major action was also seen in BirlaNu (earlier known as HIL), the building materials company of CK Birla Group, as its shares surged 11.71 percent to Rs 1,695.20 amid high volumes after the big internal share transfer between promoter and promoter entities.

Promoter Birla Chandrakant has acquired 29.28 lakh shares (38.83 percent stake) in BirlaNu at Rs 1,517.5 per share for Rs 444.3 crore, from Shekhavati Investments and Traders, Gwalior Finance Corporation, Central India Industries, Ashok Investment Corporation, and Amer Investments Delhi which all are part of promoter group.

Further, Birla Chandrakant has bought 79,666 shares in BirlaNu at Rs 1,569.36 per share for Rs 12.5 crore, however, Hitaishi Investments sold 67,066 shares at Rs 1,575.64 per share for Rs 10.56 crore.