We bring you the “Big Deals” for today. A summary of the most important Bulk and Block Deals.
Today’s Big Deals:
Camlin Fine Sciences – Copthall Mauritius the subsidiary of JPMorgan Chase & Co. sold 805,319 shares or 0.78%. This brings its shareholding down to 1,332,681 shares or 1.29%. The stock closed +8.62 % on the back of higher volumes traded.
ICRA – The credit rating agency ICRA witnessed stake sale by Ashoka PTE part of which was purchased by Franklin Templeton Mutual Funds. The stock closed +2.14% with results due in 16 days. Ashoka PTE continues to hold 177,247 shares or 1.77% post this stake sale. Ashoka PTE is the Singapore based entity part of the Flowering Tree Investment Management – an employee owned hedge fund sponsor.
INOX Leisure – Birla Sun Life Mutual Fund continues to increase its position in this stock. It already holds close to 8% or 7.77 lakh shares prior to today’s addition.Macquarie – one of Australia’s largest equities managers with over 30 years of experience managing portfolios, sold over 6 lakh shares or 6.06%. The stock closed at Rs. 260.15 down 0.55%.
Prestige Estate – Private equity (PE) firm WestBridge Capital, through its unit Jwalamukhi Investment Holdings cuts its stake over 40% from 180 lakh shares or 4.82% to 100 lakh shares or 2.69%. The stock closed at Rs. 193.50, down 2.93 %.