Theleme Master Fund, a UK-based hedge fund, on Monday picked up more than 31 lakh shares of HDFC Bank for Rs 280 crore through an open market transaction.
Morgan Stanley Asia (Singapore) PTE. - ODI offloaded 31,07,852 shares at an average price of Rs 901.
According to the block deal data available on NSE, Theleme Master Fund bought 31,07,852 shares of HDFC Bank at an average price of Rs 901 valuing the transaction at Rs 280 crore.
Shares of HDFC Bank dropped 8.12 per cent to settle at 831 on NSE on Monday.
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