UBS Group AG Rs. Selling shares of 7 Indian companies worth Rs 4,961 crore

Swiss financial services company UBS Group AG on Friday bought shares of seven companies including Oil India and Dixon Technologies (India) through an open market transaction for Rs. 4,961 crores were sold. Zurich-based UBS Group AG through its affiliate UBS Principal Capital Asia offloaded shares of seven companies through separate bulk deals on the National Stock Exchange (NSE).

According to bulk deal data available on NSE, UBS Principal Capital Asia raised Rs. 972 crore offloaded Oil India shares, Dixon Technologies India shares at Rs. 904 crore sold, shares of Rail Vikas Nigam Ltd at Rs. 797 crore sold.

UBS Principal Capital Asia also bought shares of Zydus Lifesciences at Rs. 756 crore, with shares of Vodafone Idea, Oracle Financial Services Software and Prestige Estate Projects trading at Rs. 1,531 crore were disposed of at a combined value of Rs.

Meanwhile, Copthal Mauritius Investment bought 20.92 lakh shares of Prestige Estate at Rs. 378 crore offloaded.

UBS Principal Capital Asia held 34,054 shares and Copthal Mauritius Investments invested Rs. Acquired 26,598 scrips of Prestige Estates at a combined value of Rs.10.90 crore.

UBS Principal Capital Asia also bought 1.92 crore shares of private sector lender Bandhan Bank for Rs. 384 crore, according to exchange data.

Details of the buyers of Oil India, Dixon Tech, Rail Vikas Nigam Limited, Zydus Lifesciences, Vodafone Idea, Oracle Financial Services Software and Prestige Estate shares were not known and the seller of Bandhan Bank shares could not be identified.

UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland.

Shares of Oil India fell 0.81 percent to Rs. 725.50, shares of Dixon Technologies India fell 2.05 percent to Rs. 12,930.95, while Rail Vikas Nigam Limited rose 4.10 percent to Rs. was closed at 65. NSE.

Also, shares of Zydus Lifesciences fell 1.33 percent to Rs. 1,117, Vodafone Idea’s share closed at Rs. 15.47, Oracle Fin Services Software at Rs. 10,799.95, however, shares of Prestige Estates Projects rose 7 percent to Rs. 7.40 and the Bank’s share Rs. 7.4 percent increase to Rs. 3.70 percent in the stock market to Rs. 201.10 each.