JP Morgan Funds on Monday bought Tata Consultancy Services (TCS) shares worth nearly Rs 247 crore through open market transaction.
The block deal data on BSE showed that JP Morgan Funds bought over 11.23 lakh shares of TCS at an average price of Rs 2,199 apiece, and the total deal value stood at Rs 246.98 crore.
The shares were sold by Flagship India Investment Company (Mauritius) Ltd at the same price in a separate transaction.
Shares of TCS on Monday closed 2.91 per cent higher at Rs 2,263.1 on the BSE.
Meanwhile, JP Morgan Funds also bought shares of Cummins India Ltd and Gujarat