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Block deal: Societe Generale sells 7.1 mn HDFC shares worth Rs 1,730 cr

As per block deal data on BSE, Societe Generale sold nearly 71 lakh shares at an average price of Rs 2,436.8 apiece

hdfc

Press Trust of India New Delhi

Societe Generale on Tuesday offloaded shares of Housing Development Finance Corp (HDFC) worth nearly Rs 1,730 crore through an open market transaction.

As per block deal data on BSE, Societe Generale sold nearly 71 lakh shares at an average price of Rs 2,436.8 apiece.

The total deal value stood at Rs 1,729.67 crore.

Through a separate transaction, BNP Paribas Arbitrage bought shares of HDFC at the same price.

On BSE, shares of HDFC closed marginally higher at Rs 2,454.05 apiece.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 22 2022 | 8:52 PM IST

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