The Economic Times daily newspaper is available online now.

    Porinju Veliyath buys stake in Apollo Sindoori Hotels

    Synopsis

    Veliyath’s purchase accounted for a third of the volume of the stock traded in today’s session.

    porinjuETMarkets.com
    Shares of the smallcap company ended 9.2 per cent higher at Rs 800.10 on the NSE.
    MUMBAI: In a major show of conviction in the ‘unlock’ theme, renowned smallcap investor Porinju Veliyath today bought 15,000 shares of Apollo Sindoori Hotels at Rs 764.26 apiece through a bulk deal on the National Stock Exchange.

    Veliyath’s purchase accounted for a third of the volume of the stock traded in today’s session. Shares of the smallcap company ended 9.2 per cent higher at Rs 800.10 on the NSE.

    In another transaction, Saurabh Mukherjea-led Marcellus Investment Managers sold 3.1 million shares of Music Broadcast at Rs 23.1 apiece through a bulk deal on the NSE.

    Meanwhile, WF Asian Reconnaissance Fund sold 8.25 million shares of Max Healthcare at Rs 227.1 per share through a bulk deal on the BSE.

    Both the NSE and BSE had not updated the block deals data on their respective websites at the time of publishing this story.

    Here are all the BSE bulk deals:
    BSE Bulk Deals May 21

    Here are all the NSE bulk deals:
    NSE Bulk Deals May 21




    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in