Bulk Deals: RateGain Travel Technologies witnesses maximum traction; 3 investors sell stakes in the company
On the contrary, Goldman Sachs Funds - Goldman Sachs India Equity Portfolio bought 7,19,727 equity shares in the company at Rs 361.71 per share on the NSE, as per bulk deals data.
At least dozens of companies’ shares witnessed a change of hands during Friday’s session through the open market. In this, RateGain Travel and Technologies Limited saw maximum traction amid its stock market debut. The stock got listed over a 14 per cent discount to Rs 364.8 per share on the exchanges.
Edelweiss Mutual Fund, Integrated Core Strategies Asia Pte Ltd, Rajasthan Global Securities Private Limited sold 6,82,110, 8,78,838, 9,35,105 equity shares in the company at Rs 360.7, Rs 356.22, Rs 362.18 per share respectively on the NSE, as per the bulk deals data.
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On the contrary, Goldman Sachs Funds - Goldman Sachs India Equity Portfolio bought 7,19,727 equity shares in the company at Rs 361.71 per share on the NSE, as per bulk deals data.
The stock of RateGain closed over 20 per cent lower to Rs 337.55 per share on the NSE, as compared to 1.53 per cent decline in the Nifty50.
HDFC Mutual Fund in two separate instances bought 2,00,000 and 5,00,000 equity shares in Apar Industries Limited at Rs 748.8 and Rs 750 per share, while the Mutual Funds sold 6,73,639 equity shares in the company at Rs 750 apiece on the NSE, the bulk deals data showed.
Kalpataru Properties Private Limited sold 36,50,000 equity shares and Munot Mofatraj Pukhraj bought in Kalpataru Pow Trans Ltd at the same price of Rs 370 per share on the NSE, as per the bulk deals data showed.
The chairman and managing director Shrenik Sudhirbhai Vimavala sold 50,00,000 equity shares in Shrenik Limited at Rs 2.2 per share on the NSE, the bulk deals data mentioned.
Individually, Mansi Shares & Stock Advisors Pvt Ltd sold 16,637 equity shares in Digiam Ltd at Rs 150.8 per share; Nanalal Bhanji Dudhaiya bought 54,000 equity shares in Debock Sale Marketing Ltd at Rs 123.87 per share on the NSE, bulk deals data showed.
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