HDFC Mutual Fund buys stake worth Rs 71 cr in Vardhman Textiles

Press Trust of India  |  New Delhi 

today picked up 1 per cent stake in for over Rs 71 crore through an open market transaction.

The fund house bought 5.73 lakh shares, amounting to 0.99 per cent stake in the textile firm, according to the bulk deal data available with the

The shares were purchased at a price of Rs 1,245 apiece, valuing the transaction at Rs 71.34 crore, the data showed.

The seller of the shares could not be ascertained immediately.

Bulk deal data available with the NSE also showed that bought 27.50 lakh DVR (differential voting rights) shares for Rs 47.02 crore.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 29 2018. 20:15 IST