On September 27, a block deal involving 81.8 lakh shares of Shivalik Bimetal Controls worth Rs 500 crore was executed at a floor price of Rs 611 per share, which represents a near one percent discount from the previous closing price.
Details regarding the buyers and sellers involved in the deal are yet to be confirmed.
At the close of trading on the same day, Shivalik Bimetal’s shares settled at Rs 616.70 on the NSE.
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Source: Moneycontrol
News Desk
