In a bulk deal on February 9, Bajaj Finance offloaded 8,04,629 shares, or 0.88 percent stake, in Strides Pharma Science at an average price of Rs 713 valuing the transaction at Rs 57.37 crore. Amansa Holding Private Ltd picked up 11,40,301 shares or 1.24 percent stake at the same price. Amansa bought Rs 81.30 crore worth of shares in the company.
Shares of Strides Pharma Science fell 2 percent to Rs 699.2 on BSE in the trading session.
Meanwhile, Societe Generale acquired 2,58,071 shares in Apollo Pipes at an average price of Rs 766.13 through open market transactions. Societe Generale bought Rs 19.77 crore worth of equity stake in the company.
Apollo Pipes’ shares closed 14.39 percent higher at Rs 769 on NSE.
In another such transaction, Infinity Asset Advisors sold 3,91,588 shares or 0.98 percent stake at Rs 532 per share in Andhra Paper. Infinity sold Rs 20.83 crore worth of shares in the company. Shares of Andhra Paper fell 1.36 percent to Rs 524 on NSE.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
