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Vakrangee buys stake in PC Jeweller for Rs 112 cr

Press Trust of India  |  New Delhi 

Banking and financial services provider today purchased 20 lakh shares of PC 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 stock ended the day on NSE at Rs 562, up 1.86 per cent from the previous close.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 25 2018. 19:40 IST