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HomeNewsBusinessStocksBulk deals: Societe Generale, Marshall Wace active in Bandhan Bank, BoB and Manappuram Finance

Bulk deals: Societe Generale, Marshall Wace active in Bandhan Bank, BoB and Manappuram Finance

In other trades, Foregin investor Ardisia sold stake in Ujjivan Financial Services

April 23, 2024 / 21:43 IST
Bulk deals

In Bandhan Bank, Societe Generale picked up 1.21 crore shares, a 0.75 percent stake for an average price of Rs 180.8. Eureka Fund offloaded 1.17 crore shares, 0.73 percent stake at the same price.

 
 
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Societe Generale and Marshall Wace Investment Strategies - Eureka Fund were active in multiple trades on April 23 trading session.

In Bandhan Bank, Societe Generale picked up 1.21 crore shares, or a 0.75 percent stake, for an average price of Rs 180.8. Eureka Fund offloaded 1.17 crore shares, 0.73 percent stake at the same price.

Bandhan Bank shares rose 1.02 percent to Rs 182.65 on NSE.

In Bank of Baroda, Societe Generale acquired 3.26 crore shares, translating to 0.63 percent stake at Rs 261.3 per share while Eureka sold 3.16 crore shares, a 0.61 percent stake.

Bank of Baroda stock fell 0.46 percent to Rs 260.10 on NSE.

In Manappuram Finance, Societe Generale bought 73.58 lakh shares, or a 0.87 percent stake, at an average price of Rs 191. Eureka sold 71.30 lakh shares, or a 0.84 percent stake.

Shares of Manappuram Finance declined 0.55 percent to Rs 189.95 on NSE.

Meanwhile, Everdeliver Logistics sold 20 lakh shares in in Orient Paper and Industries, amounting to a 0.94 percent stake at Rs 44.88 per share. Everdeliver held 1.89 percent stake in the company til March 2024.

Orient Paper and Industries share price surged 6.15 percent to Rs 46.60 on NSE.

In Ujjivan Financial Services, foreign portfolio investor Ardisia sold 17.2 lakh shares, a 1.41 percent equity stake at an average price of Rs 44.88. Ardisia held 9.91 percent stake in the company til March 2024.

Ujjivan Financial Services stock gained 0.32 percent to Rs 567.90 on NSE.

Moneycontrol News
first published: Apr 23, 2024 09:23 pm

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