New Delhi, Jun 15 (PTI) Foreign investor Lavender Investments today sold 9 lakh shares of drug firm Torrent Pharmaceuticals for nearly Rs 133 crore through an open market transaction. Also Read - RailTel Stocks Open High on BSE, NSE on Bagging Rs 105 Crore Railways Order
According to the bulk deal data available with the BSE, the foreign investor disposed of 9.01 lakh shares, amounting to 0.53 per cent stake in the drug firm. Also Read - Stock Market News Today, 16 February 2021: Sensex Opens at New High, Nifty Tops 15,000; ONGC, Kotak Bank Among Big Gainers
The shares were disposed of at an average price of Rs 1,475.08, translating into a transaction of Rs 132.94 crore, the data showed. Also Read - Sensex Hits Lifetime High With Over 600 Pts in Early Trade, Nifty Rallies Above 15,100
The buyer(s) of the shares could not be ascertained immediately.
Torrent Pharmaceuticals’ stock settled 2.27 per cent higher at Rs 1,480.30 on the BSE today.
This is published unedited from the PTI feed.