According to data available with the stock exchanges, Morgan Stanley Asia (Singapore) Pte purchased 3,36,345 shares of Jubilant FoodWorks in the open market.
The shares were purchased at an average price of Rs 1,116.62 valuing the deal at Rs 37.55 crore, data showed.
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Morgan Stanley Asia (Singapore) held 13.8 lakh shares or 2.12% stake in Jubilant Foodworks at the end of December quarter.
Shares of Jubilant Foodworks surged 9.25% to settle at Rs 1,137 apiece on the BSE.
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