International investors Societe Generale and A2Z Online Service sold shares worth Rs 4.44 crore and Rs 6.75 crore, respectively in NIBE on January 3. Shares of NIBE had surged 3.46 percent in the trading session on December 3.
Aegis Investment Fund, PCC which already holds a 6.09 percent stake in the company added 1.4 lakh shares worth Rs 9.45 crore at an average price of Rs 675 per share in NIBE. A2Z Online Services previously held a 4.64 percent stake or 6.09 lakh shares in the company as of September 30, 2023. A2Z sold 1 lakh shares at an average price of Rs 675.29, while Societe Generale sold 65,878 shares at an average price of Rs 675.17.
Further action was seen in Cupid as it surged 5 percent and hit the upper circuit for trading at Rs 1,193.15. US-based FII Minerva Ventures Fund bought 75,000 shares at an average price of Rs 1,193.15. They bought shares worth Rs 8.94 crore in the company.
Panacea Biotec is another stock that saw buying activity as GDN Investments Private picked up 5 lakh shares at an average share price of 191.02. In total, they picked up Rs 9.55 crore worth of shares. Panacea Biotec’s stock price rallied nearly 10 percent to Rs 189.05.
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