HomeNewsBusinessStocksBulk deals: Smallcap World Fund sells stake in Aavas Financiers

Bulk deals: Smallcap World Fund sells stake in Aavas Financiers

Smallcap World Fund INC sold a total of 1.27 percent stake in the company,

April 04, 2024 / 20:58 IST
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Bulk deals
Smallcap World held 1.92 percent stake in Aavas Financiers till December 2023.

In Aavas Financiers, Smallcap World Fund INC sold 4.23 lakh shares at an average price of Rs 1421.05 and 5.82 lakh shares at Rs 1,420.19 per share, selling a total of 1.27 percent stake in the company.  Smallcap World held 1.92 percent stake in the company til December 2023.

Shares of Aavas Financiers surged 4.62 percent to Rs 1,460 on the NSE.

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In Cupid, Cliff Trexim sold 6.75 lakh shares, or a 5.03 percent stake in the company at an average price of Rs 123. Cliff Trexim held 5.04 percent stake in the company til December 2023.

Shares of Cupid surged 5 percent and got locked in upper circuit at Rs 123 on NSE.