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% 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% and 12.5% to close at Rs 82.40 and Rs 25.20 apiece, respectively.
Shares of EPC Industries grew by five% to settle at Rs 124.75 apiece on the BSE.
