Barclays Capital buys 11.6 lakh shares of Karnataka Bank
Dec 10 2012 , Mumbai
As per bulk data available with the stock exchanges, Barclays Capital Mauritius Ltd bought 11,60,210 shares of the private sector bank (amounting to 0.61% stake).
The shares were purchased at Rs 194.31 apiece valuing the deal at Rs 22.54 crore, data showed. However, the identity of the seller of the shares could not be ascertained.
Shares of Karnataka Bank jumped by 11.38% to settle at Rs 195.70 apiece on the BSE. During the intra-day, the stock touched its 52-week high at Rs 197.60.