Sadbhav Infrastructure soars 17% after block deal

At 09:15 am; 13.23 million shares or 3.75% of total equity of Sadbhav Infra changed hands on BSE.

Sadbhav Infrastructure soars 17% after block deal
SI Reporter Mumbai
Last Updated : May 05 2017 | 9:36 AM IST
Sadbhav Infrastructure Projects  soared 17% to Rs 119 on BSE after a nearly 4% of total equity capital of the company engaged in roads & highways business exchanged hands on the counter.

At 09:15 am; around 13.23 million equity shares representing 3.75% of total equity of Sadbhav Infrastructure Projects have changed hands on the BSE, the exchange data shows.

The name of the buyers and sellers were not ascertained immediately.

As of March 2017, Amansa Holdings Private Limited held 13.22 million shares in Sadbhav Infrastructure Projects, the shareholding pattern data shows.

At 09:29 am; the stock was up 15% at Rs 117 on BSE as compared to 0.33% decline in the S&P BSE Sensex. A combined 13.37 million shares changed hands on the BSE and NSE so far.
 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story