NSE-BSE bulk deals: True North Fund sells stake in Magma Fincorp

NSE-BSE bulk deals: True North Fund sells stake in Magma Fincorp
ETMarkets.com
Share
Font Size
Save
Comment
Synopsis

Kuwait Investment Authority bought 1.79 million shares of Magma Fincorp at Rs 111 apiece through a bulk deal on the BSE.

Reuters
Nippon India Mutual Fund bought 5 million shares of the company at Rs 111 apiece

Related

INSIGHTS

Read Stock Insights by ET for a quick analysis

PEER COMPANIES

Explore Now
MUMBAI: True North Fund V sold 23.2 million shares of at Rs 111.1 per share through a bulk deal on the BSE.

In another transaction, Kuwait Investment Authority bought 1.79 million shares of Magma Fincorp at Rs 111 apiece through a bulk deal on the BSE.

Similarly, Nippon India Mutual Fund bought 5 million shares of the company at Rs 111 apiece, while Aditya Birla Sunlife Mutual Fund bought 4.25 million shares of Magma Fincorp at the same price.

Shares of Magma Fincorp ended 5 per cent higher at Rs 122.6 on the National Stock Exchange.

Here are all the BSE bulk deals:

Here are all the NSE bulk deals:

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

ETPrime stories of the day

Read before you invest. Insights on Magma Fincorp Ltd.. Explore Now