Tuesday, March 28, 2023
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HomeMarketStocksNRI investor sells Nykaa shares worth Rs 1,009 cr; 3 FPIs pick...

NRI investor sells Nykaa shares worth Rs 1,009 cr; 3 FPIs pick stake in Paytm


Mala Gopal Gaonkar-an NRI investor – offered 5.75 crore shares at a mean value of Rs 175.48, BSE bulk offers information confirmed.

This was at a reduction of 5% from the earlier closing value. By way of the sale, she raised a complete of Rs 1,009 crore. Additionally, in one other bulk deal on the alternate, Canada Pension Plan Funding Board purchased 17,081,850 shares within the style e-retailer, equating to three.59% stake, at a mean traded value of Rs 175.25 per share. That is at a reduction of round 5% from the day gone by’s closing value of Rs 184.45.

After dropping over 7% intra-day, Nykaa shares managed to finish by a tad increased in commerce in the present day.

Additional, in One 97 Communications (Paytm), SVF India (SoftBank Group) offered 4.5% stake price Rs 1,631 crore, confirmed NSE bulk offers information. The transaction was executed at a mean traded value of Rs 555.67 per share. That is at a hefty low cost of round 8% from the day gone by’s closing value of Rs 601.45 apiece on the NSE.

As of September quarter, SoftBank held a 17.5% stake within the fintech agency via SVF India Holdings (Cayman).

Additionally, on the sidelines, BoFA Securities Europe SA purchased 50.26 lakh shares of Paytm at a mean traded value of Rs 555. That is equal to 0.77% stake within the funds firm. Moreover, one other FII investor Morgan Stanley Asia Singapore PTE purchased 60.03 lakh share on the counter at a mean traded value of Rs 555.

Moreover, Societe Generale – ODI purchased 70.85 lakh fairness shares within the counter at an estimated value of Rs 555 per share.

On a number of bulk offers, the counter’s inventory value cracked to finish decrease by over 10% at Rs 539.8 per share.



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