Morgan Stanley bought about 3 million shares in small APP APTis Value Housing worth Rs 92 crore. The second buyer was Luxembourg -based East Bridge Capital Master Fund, which bought 42 lakh shares worth Rs 129 crore.
SBI bought 70.66 lakh shares in Mutual Fund at a cost of Rs 217 crore while Axis Mutual Fund was Rs. In view of the price of Rs 77 crore, 25 lakh equity shares were bought.
Also Read: Ola Electric Block Deal: City Group buys shares worth Rs 435 crore; Hyundai Motor, Kia Sellers
Gujarat -based Brokerage Erage Broking Services LLPA is also Rs. Bought 93.95 equity shares of 289 crore.
Block deals were made at a price of Rs 307.
Shares of APTUS Value Housing Finance ended at Rs 306 on the NSE today, which is below Rs 30.50 or 9.06% on Monday’s closed price.
The US pts value is a smallcap stock with a market capitalization of Rs 15,294 crore.
Aptes value stock market laguards, which are witness to erosion of 2% in the last 1 year, which is.5..5% compared to the Nifty’s 5.5% return. On a year-to-date basis, there is a 5% rally in the stock by 50-stock index.
The stock currently has a 50-day and 200-day easy moving average (SMA), respectively. 319 and 320 are below.
Also Read: Tata Technologies Block Deal: TPG To sell 2.1% stake, floor price potential is Rs. Share at 744.5: Report
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
(Now you can subscribe to our Etmarkets WhatsApp channel)