Citigroup Global acquires 42 lakh shares in HDIL for Rs 33 cr

Foreign fund house Citigroup Global Markets (Mauritius) today acquired more than 42 lakh shares in realty player Housing Development & Infrastructure (HDIL) for over Rs 33 crore through open market transaction.

According to bulk data available with the stock exchanges, Citigroup Global Markets (Mauritius) purchased 42,05,081 shares in the realty firm. The shares were sold on an average price of Rs 80 valuing the deal to Rs 33.63 crore.

In a separate bulk deal, Mahalaxmi Cresec bought 37.50 lakh shares in TV18 Broadcast Ltd for Rs 24.02 apiece taking the deal size to Rs 90 lakh.

Besides, Credit Renaissance Fund Ltd, which held 47.81 lakh shares or 17.31 per cent stake in EPC Industries at the end of June quarter, offloaded 7.69 lakh shares of the company for Rs 8.69 crore, the stock exchanges data showed.

Meanwhile, Reliance Capital acquired six lakh shares in EPC Industries for Rs 6.77 crore, it added.

On the BSE, shares of realty firm and TV18 Broadcast Ltd jumped by 13.58 per cent and 12.5 per cent to close at Rs 82.40 and Rs 25.20 apiece, respectively.

Shares of EPC Industries grew by five per cent to settle at Rs 124.75 apiece on the BSE.

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E-mail ID will not be published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.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Sebi’s influence as watchdog must be independent of the chief’s personality

    The word regulator has become a part of our market lexicon in the past two decades of reforms, though it is not as if there was no regulator prior to1

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Where is the Charging Bull headed to?

On a balmy spring morning last week, I was admiring ...

Rajgopal Nidamboor

The disdainful wrath of greed

It is rightly said that money isn’t the root of ...

Gautam Gupta

Immense potential of e-commerce in fashion and apparel

Michael Aldrich launched online shopping in1979 with no clue whatsoever ...