HDFC Mutual Fund today picked up 1 per cent stake in Vardhman Textiles for over Rs 71 crore through an open market transaction.
The fund house bought 5.73 lakh shares, amounting to 0.99 per cent stake in the textile firm, according to the bulk deal data available with the BSE.
The shares were purchased at a price of Rs 1,245 apiece, valuing the transaction at Rs 71.34 crore, the data showed.
The seller of the shares could not be ascertained immediately.
Bulk deal data available with the NSE also showed that ICICI Prudential Mutual Fund bought 27.50 lakh Tata Motors DVR (differential voting rights) shares for Rs 47.02 crore.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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