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Ericsson Vodafone Idea stake sale: Ericsson India offloaded its 0.6% stake in Vodafone Idea, selling 63.37 crore shares at Rs 6.76 apiece via a bulk deal, raising Rs 428.43 crore. Buyer details remain undisclosed.
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Aptus Value Housing block deal: Aptus Value Housing Finance witnessed Rs 804 crore worth of block deals on Tuesday. Key buyers included Morgan Stanley, East Bridge Capital, SBI MF, Axis MF, and iRage Broking, acquiring shares at Rs 307 each.
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News and Media
Zinka Logistics Solutions (BlackBuck) saw a Rs 302 crore block deal as Peak XV Partners trimmed stake. ADIA, MIT, and ICICI Prudential emerged as key institutional buyers in the transaction.
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Citigroup acquired over 8.61 crore shares in Ola Electric for Rs 435 crore as Hyundai and Kia exited. The block deal triggered a sharp 8% drop in share price amid poor earnings.
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Despite a 636-point Sensex drop, 10 BSE 500 stocks hit 52-week highs, signaling strong momentum. Top performers include Garden Reach, Intellect Design, and Authum Investment, with impressive monthly gains.
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News and Media
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