Gujarat Pipavav jumps after bulk deal on NSE

Kotak Mahindra (International) acquired 6.5 million equity shares at Rs 197/share

Shares of Gujarat Pipavav were up nearly 6% at Rs 204 after a bulk deal on the National Stock Exchange.

Kotak Mahindra (International) Ltd has bought 6.5 million shares of Gujarat Pipavav at Rs 197 per equity share, as per bulk deal data on NSE.

The stock opened at Rs 195 and touched a high of Rs 208. At 11AM over 658,000 shares were traded on both the stock exchanges.