Nippon was the top buyer at Rs 274 crore and was followed by WF Asian Smaller Companies Fund and Goldman Sachs.
Block deal details
— Nippon India Mutual Fund bought 8,14,894 shares worth Rs 273.70
— WF Asian Smaller Companies Fund bought 5,28,500 shares at Rs 177.5 crore
— Goldman Sachs bought shares worth Rs 151.50 crore
— Citigroup bought shares worth Rs 35.2 crore– Baroda BNP Paribas MF bought 74,820 shares at a deal size of Rs 25.13 crore– Aditya Birla Sunlife MF bought 45,986 shares at Rs 15.4 crore– Mediolanum Best Brands- Mediolanum India Opportunities bought 36,905 shares at 12.4 crore bought shares worth Rs 10 crore, each
— BNP Paribas Financial Markets, Societe Generale, Morgan Stanley, Bandhan MF, Edelweiss, Ghisallo Master Fund LP
— New York State Teachers Retirement System bought 24,407 shares worth Rs 8.2 crore
— GS India Equity bought 16,128 shares at a consideration of Rs 5.41 crore.
Akzo Nobel India is an Indian subsidiary of Amsterdam-based AkzoNobel.
The shares were sold at a discount of 1% over the Tuesday closing price of Rs 3,394.65. Today the shares ended at Rs 3390.75 on the BSE, declining by Rs 3.90 or 0.11%.
It has been a market laggard falling 8% over the past one year and shares are currently trading below their 50-day and 200-day simple moving averages of Rs 3,518.2 and Rs 3,481, respectively.
Also Read: NDR InvIT Trust bulk deals: Radhakishan Damani picks Rs 100 cr stake; Rakesh Jhunjhunwala trust invests Rs 67 cr
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)