Morgan Stanley Asia
(Singapore) Pte and Societe Generale
bought a stake in magnificence e-retailing entity Nykaa
at this time, confirmed BSE block deal information. Morgan Stanley Asia (Singapore) Pte purchased 82,13,050 shares or 1.7% stake within the firm at a mean traded worth of Rs 186.4. On the identical worth, Societe Generale additionally purchased 26,30,000 shares, equal to 0.55% stake within the firm. This deal was at a slight low cost to the day before today’s closing worth of Rs 188.25
Additionally, TPG Development IV SF PTE, which as of September-ended quarter held 2.28% stake, bought a complete of 1,08,43,050 shares or 2.1% stake within the concern at a mean worth of Rs 186.4 per share.
in Friday’s session ended larger by over 10% at Rs 207.85 per share on the NSE.