Left Menu
Development News Edition

Adani Electricity Mumbai sells shares worth Rs 202 cr in Yes bank

A total of 15 crore shares representing 1.19 per cent stake of the private lender were sold by Adani Electricity at an average price of Rs 13.45 apiece, bulk deal data on NSE showed. As per the average price, the estimated deal value is Rs 201.75 crore.

PTI | New Delhi | Updated: 06-08-2020 19:45 IST | Created: 06-08-2020 19:40 IST
Adani Electricity Mumbai sells shares worth Rs 202 cr in Yes bank
Representative image Image Credit: ANI

Adani Electricity Mumbai Ltd on Thursday offloaded shares worth nearly Rs 202 crore in Yes Bank through open market transaction. A total of 15 crore shares representing 1.19 per cent stake of the private lender were sold by Adani Electricity at an average price of Rs 13.45 apiece, bulk deal data on NSE showed.

As per the average price, the estimated deal value is Rs 201.75 crore. On NSE, Yes Bank ended at Rs 13.45 on Thursday, higher 4.67 per cent over the previous close. In a separate transaction on BSE, BNP Paribas Arbitrage purchased shares worth a little over Rs 49 crore in Tech Mahindra Ltd.

BNP Paribas Arbitrage bought over 7.56 lakh shares at an average price of Rs 650 per scrip, valuing the transaction at Rs 49.15 crore. The shares were sold by Goldman Sachs (Singapore) Pte-ODI at the same price, block deal data on BSE showed.

Shares of Tech Mahindra closed at Rs 659.95, up 1.71 per cent, on BSE..


TRENDING

OPINION / BLOG / INTERVIEW

South Africa's COVID-19 response: Surprising outcomes or just poor data management?

South Africa has been committed to improving its health information system and shows that a robust digital has considerable scope to improve healthcare for the entire population. But the COVID-19 pandemic has highlighted that significant ga...

Post-COVID-19 Nigeria needs a robust Health Management Information System to handle high disease burden

Nigeria is among a few countries that conceptualised a health management information system HMIS in the early 90s but implementation has been a challenge till date. Besides COVID-19, the country has a huge burden of communicable and non-com...

Morocco COVID-19 response: A fragile health system and the deteriorating situation

Learning from its European neighbors, Morocco imposed drastic measures from the initial stages of the COVID-19 outbreak to try to contain its spread. The strategy worked for a few months but the cases have surged after mid-June. In this sit...

COVID-19: Argentina’s health system inefficiencies exaggerate flaws of health information system

You can recover from a drop in the GDP, but you cant recover from death, was the straightforward mindset of Argentinas President Alberto Fernndez and defined the countrys response to COVID-19. The South American nation imposed a strict...

Videos

Latest News

Ker woman loses twins after being turned away by hospitals; govt orders probe

A pregnant woman was allegedly denied timely medical treatment at hospitals in north Kerala while she was in labour, resulting in the loss of twin babies she was carrying. Taking serious note of the incident, the state government on Monday ...

Gold worth Rs 33 lakh seized at Mangaluru airport

Air intelligence unit officials at the Mangaluru International Airport MIA seized six gold biscuits hidden under the seat of a private airlines flight that arrived from Dubai on Sunday. The gold biscuits, weighing 671 gm and valued at Rs 33...

AP FACT CHECK: Trump's dubious claims on health care, court

President Donald Trump isnt providing all the facts when he promises that people with preexisting medical problems will always be covered by health insurance if Obamacare is ruled unconstitutional. Eager to get conservative Judge Amy Coney ...

Australia's virus hot spot, Victoria, records fewest new infections in three months

Australias coronavirus hot spot Victoria state has recorded its lowest number of new infections in more than three months as the nations second-largest city, Melbourne, further eases lockdown restrictions. The easing of restrictions in Melb...

Give Feedback