Goldman Sachs trims stake in BlackBuck, Nomura steps in with Rs 247 Cr buy

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Logistics marketplace BlackBuck witnessed a large block trade on Monday as Goldman Sachs pared a portion of its holding in the recently listed company. According to stock exchange data, Goldman Sachs offloaded nearly 49.1 lakh shares, representing a 2.74% stake, for about Rs 295 crore.

The shares were sold at an average price of Rs 600.32 per share. On the other side, Nomura India Investment Fund Mother Fund picked up around 41.16 lakh shares or 2.29% stake in the company, spending close to Rs 247 crore at an average price of Rs 599.77 per share.



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Goldman Sachs trims stake in BlackBuck, Nomura steps in with Rs 247 Cr buy


Logistics marketplace BlackBuck witnessed a large block trade on Monday as Goldman Sachs pared a portion of its holding in the recently listed company. According to stock exchange data, Goldman Sachs offloaded nearly 49.1 lakh shares, representing a 2.74% stake, for about Rs 295 crore.

The shares were sold at an average price of Rs 600.32 per share. On the other side, Nomura India Investment Fund Mother Fund picked up around 41.16 lakh shares or 2.29% stake in the company, spending close to Rs 247 crore at an average price of Rs 599.77 per share.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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