 "Realty")
Indiabulls Real Estate moved higher by 6% to Rs 204 on the BSE after Orient Global Cinnamon Capital bought more than 3% stake in the Mumbai-based real estate via open market.
The stock ended 10% lower at Rs 192 after hitting a low of Rs 173 in intra-day trade on Thursday.
Singapore-based Orient Global Cinnamon Capital had purchased 17.6 million equity shares representing 3.68% of total equity of Indiabulls Real Estate at price of Rs 200 per share, the BSE bulk deal data shows.
“IBREL IBL Scheme Trust, of which Indiabulls Real Estate is the sole beneficiary,
The stock ended 10% lower at Rs 192 after hitting a low of Rs 173 in intra-day trade on Thursday.
Singapore-based Orient Global Cinnamon Capital had purchased 17.6 million equity shares representing 3.68% of total equity of Indiabulls Real Estate at price of Rs 200 per share, the BSE bulk deal data shows.
“IBREL IBL Scheme Trust, of which Indiabulls Real Estate is the sole beneficiary,
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