Motilal Oswal Mutual Fund sold 0.52 percent stake or 4.5 crore shares in Zomato at an average price of Rs 138.15. The transactional value is Rs 621.67 crore. Societe Generale, Goldman Sachs Investment (Mauritius), I Limited Short Term, Morgan Stanley Asia Singapore PTE, Citigroup Global Market Mauritius, and BNP Paribas Arbitrage picked up stakes in Zomato through block deals.
Shares of Zomato fell 4.16 percent to Rs 133.75.
In Hi-Tech Pipes, Bandhan Core Equity Fund picked up a 1.02 percent stake in the company while promoters Ajay Kumar and Sons sold 1.75 percent of their ownership. Bandhan bought 14 lakh shares at Rs 148.5 per share while Ajay Kumar and Sons sold 24 lakh shares at the same price. Ajay Kumar and Sons held a 3.36 percent stake in the company as per the shareholding pattern till December 2023. Ajay Kumar and Sons sold Rs 35.64 crore worth of shares, while Bandhan bought Rs 20.79 crore shares.
The Hi-Tech Pipes stock had a volatile trading session and closed 0.2 percent below the previous day’s close at Rs 146.25.
Meanwhile, AG Dynamic Funds sold a 1.67 percent stake in Vikas Lifecare. AG Dynamics sold 2.4 crore shares at an average price of Rs 6.89. The total value of the transaction is Rs 16.53 crore. Shares of Vikas Lifecare surged 4.65 percent to Rs 6.75.
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