Nava Bharat Ventures surges on stake purchase by foreign fund

Morgan Stanley Asia Singapore PTE acquired 5,82,369 shares of the company via bulk deal on the NSE

Shares of Nava Bharat Ventures were up over 6% at Rs 183 after a foreign fund bought over 5 lakh equity shares of the company through a bulk deal on the National Stock Exchange.

Morgan Stanley Asia Singapore PTE has acquired 5,82,369 equity shares of Nav Bharat Ventures, bulk deal data on the National Stock Exchange showed.

Nava Bharat Ventures opened at Rs 177 and touched a high of Rs 198. At 11:30AM, nearly 129,000 shares were traded on the stock exchanges.