Foreign fund house Merrill Lynch Capital Markets today bought 2.125 million shares of infrastructure company IVRCL for Rs 15 crore through an open market transcation.
Merrill Lynch Capital Markets Espana SA SVB purchased 21,25,000 equities of IVRCL for Rs 70.83 apiece, valuing the deal to Rs 15 crore, according to bulk data available with the stock exchanges.
Last week, Merrill Lynch Capital Markets bought 1.6 million shares of IVRCL for Rs 11.83 crore.
Shares of IVRCL fell 2.61% to close at Rs 70.80 apiece on the BSE.
