Conneqt Business Solutions buys Allsec Tech\'s shares worth Rs 171 cr

Conneqt Business Solutions buys Allsec Tech's shares worth Rs 171 cr

Press Trust of India  |  New Delhi 

Conneqt Business Solutions, a subsidiary of business services provider Quess Corp, Monday purchased nearly 54 lakh shares of worth over Rs 171 crore through open market.

According to the bulk deal data available with the National Stock Exchange (NSE), Conneqt bought 53.87 lakh shares for Rs 171.85 crore with the average price being Rs 319 per scrip.

In a separate transactions, two individuals named Adiseshan Saravanan and Ramamoorthy Jagadish sold 27.31 lakh and 26.55 lakh shares of Allsec Technologies, respectively.

While Adiseshan sold shares worth Rs 87.12 crore, Jagadish offloaded shares valuing at Rs 84.72 crore with the price being Rs 319 per share.

Shares of Allsec ended 1.66 per cent lower at Rs 311 apiece on the NSE.

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

First Published: Mon, June 03 2019. 22:25 IST