Vakrangee buys stake in PC Jeweller for Rs 112 cr

Image
Press Trust of India New Delhi
Last Updated : Jan 25 2018 | 7:40 PM IST
Banking and financial services provider Vakrangee Ltd today purchased 20 lakh shares of PC Jeweller for a little over Rs 112 crore through an open market transaction.
The bulk deal data available with NSE showed that Vakrangee bought 20 lakh shares, amounting to 0.51 per cent stake in the jewellery major.
The shares were acquired at an average price of Rs 561.71, valuing the transaction at Rs 112.34 crore.
The seller(s) of the shares could not be ascertained immediately.
PC Jeweller stock ended the day on NSE at Rs 562, up 1.86 per cent from the previous close.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Jan 25 2018 | 7:40 PM IST

Next Story