Around 1.5 crore shares, making up a 4.3 percent stake in Max Financial Services changed hands in the large deal
Around 1 percent stake in Sun TV changed hands at an average of Rs 778 apiece. Moneycontrol could not ascertain the buyers and sellers of this transaction.
Alkem Labs stock saw a large deal on June 18. As much as 1.7 percent equity stake in the company was sold for Rs 1,011 crore.
Two separate large deals in Paras Defence, one worth Rs 88.70 crore and another valued at Rs 229.40 crore took place on the exchanges.
The large deal in PB Fintech follows two other major stake sales in the company over the last month. In May, PB Fintech saw two major block deals, initially with Chairman Yashish Dahiya and Vice-Chairman Alok Bansal divesting some stake, followed by a similar move by Tencent Cloud Europe.
The transaction was executed at an average price of Rs 1,386 per share, a near 4 percent discount from Adani Ports' previous close.
The floor price of the deal was at an over 3 percent discount to the Sunteck Realty's closing price of Rs 499.45 on December 12.
The aim of the two deals was to raise money to turn the company debt-free.
As many as 46.7 lakh shares, or 0.1 percent stake, changed hands at Rs 1,540 apiece. HDFC Bank, which has lost 5 percent this year, is one of the worst-performing banking stocks of 2023
Despite delay in deal conversions and subdued discretionary spending, large deals are beginning to materialise in the cost optimisation and efficiency areas
The deal is for a period of five years, which could be ramped up to $900 million and also be renewed for up to another three years, the company has said. Infosys will also acquire Danske Bank's IT centre in India, which employs 1,400 people
Atul K Nishar, chairman of Hexaware Technologies joins CNBC-TV18 to give an insight into the company’s third quarter results. Hexaware has upped its annual revenue guidance to 32% at USD 306 million.