Around 11.40 lakh shares were sold, which represent a 1.24 per cent stake in the company. The shares were sold at an average price of Rs 713 per piece, taking the combined transaction value to Rs 81.30 crore.
Stock Market Live Updates: Mixed start in Asia as US labour market strength weighs on rate cut hopes thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
If the block deal fructifies in this quarter, then it will come exactly one year after Sumitomo s part stake sale in March 2023. At the time, Sumitomo had offloaded 3.4 percent stake in Samvardhana Motherson at Rs 70.1 apiece
Stock Market Live Updates: Sensex, Nifty trade weak, SC denies SIT probe in Adani-Hindenburg row; orders swift SEBI investigation thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.