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Syngene International dips over 5% after huge block deal

The stock dipped 5.5% to Rs 572 on the BSE after a more than 1% stake of the pharmaceutical company changed hands via block deal.

SI Reporter  |  Mumbai 

Syngene International has dipped 5.5% to Rs 572 on the BSE after a more than 1% stake of the pharmaceutical company changed hands via block deal. At 09:15 am; around 3.07 million shares representing 1.53% of total equity of Syngene International have changed hands on the counter, the BSE data shows. The name of the buyers and sellers were not ascertained immediately. As of September 30, 2016, Silver Leaf Oak (Mauritius) held 9.63% stake, while Canara HSBC Oriental Bank of Commerce Life Insurance Company held 1% stake in Syngene International, the shareholding pattern data ...

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Syngene International dips over 5% after huge block deal

The stock dipped 5.5% to Rs 572 on the BSE after a more than 1% stake of the pharmaceutical company changed hands via block deal.

The stock dipped 5.5% to Rs 572 on the BSE after a more than 1% stake of the pharmaceutical company changed hands via block deal. Syngene International has dipped 5.5% to Rs 572 on the BSE after a more than 1% stake of the pharmaceutical company changed hands via block deal. At 09:15 am; around 3.07 million shares representing 1.53% of total equity of Syngene International have changed hands on the counter, the BSE data shows. The name of the buyers and sellers were not ascertained immediately. As of September 30, 2016, Silver Leaf Oak (Mauritius) held 9.63% stake, while Canara HSBC Oriental Bank of Commerce Life Insurance Company held 1% stake in Syngene International, the shareholding pattern data ... image
Business Standard
177 22

Syngene International dips over 5% after huge block deal

The stock dipped 5.5% to Rs 572 on the BSE after a more than 1% stake of the pharmaceutical company changed hands via block deal.

Syngene International has dipped 5.5% to Rs 572 on the BSE after a more than 1% stake of the pharmaceutical company changed hands via block deal. At 09:15 am; around 3.07 million shares representing 1.53% of total equity of Syngene International have changed hands on the counter, the BSE data shows. The name of the buyers and sellers were not ascertained immediately. As of September 30, 2016, Silver Leaf Oak (Mauritius) held 9.63% stake, while Canara HSBC Oriental Bank of Commerce Life Insurance Company held 1% stake in Syngene International, the shareholding pattern data ...

image
Business Standard
177 22