MUMBAI: Nippon India Mutual Fund bought 700,000 shares of Stove Kraft at Rs 455.87 per share through a bulk deal on the National Stock Exchange.
Separately, Copthall Mauritius Investment sold 231,370 shares of Stovekraft at Rs 462.48 per share through a bulk deal on the NSE. Societe Generali, too, sold 180,000 shares of the newly-listed stock at Rs 451.24 apiece on the NSE.
Shares of Stove Kraft debuted on the stock exchanges today and listed at a premium of 29 per cent over its issue price. The stock, however, closed 12 per cent lower at Rs 438.45.
Both the BSE and the NSE had not updated the block deal data on their website at the time of publishing.
ETMarkets.com
