IDFC Mutual Fund on Tuesday bought 675,000 shares or 1.49 per cent stake at Rs 422.5 per share through multiple bulk deals on the National Stock Exchange.
In a separate deal, Kotak Mutual Fund sold 950,527 shares of Mayur Uniquoters at Rs 422.5 per share through a bulk deal on the NSE. Prior to the stake sale, Kotak MF held 2.44 per cent stake in the company.
Shares of Mayur Uniquoters ended 5.6 per cent higher at Rs 425.05 on the BSE.
In another transaction, Smallcap World Fund bought 859,193 shares of APL Apollo Tubes at Rs 965 per share through a bulk deal on the BSE.
Source: Economic Times