Barclays Capital buys 11.6 lakh shares of Karnataka Bank

Barclays Capital Mauritius today acquired 11.60 lakh shares of private sector lender Karnataka Bank for Rs 22.54 crore.

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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The current value of the rupee does not merit market intervention

    The rupee, losing 40 paise per month against the dollar since May, is expected to remain under pressure till the calendar runs out on December 31, bef

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture