Small Cap World Fund has sold nearly 2 per cent stake in Bajaj Electricals for Rs 234 crore. According to the bulk deal data available with the BSE, Small Cap World Fund Inc offloaded more than 22.36 lakh shares, amounting to 1.94 per cent stake in the firm.
The shares were sold at an average price of Rs 1,045 apiece, taking the transaction value to Rs 233.76 crore. Post the latest transaction, Small Cap World Fund's shareholding has reduced to 3.36 per cent from 5.30 per cent (as of March quarter) in the Mumbai-based firm.
Bajaj Electricals is an electrical equipments manufacturing company. It is engaged in the manufacturing of domestic appliances such as water heaters, mixers, food processors, microwave ovens, air coolers, steam & dry irons, etc.
Company Name | CMP |
---|---|
Crompt.Greaves Cons. | 318.00 |
Whirlpool Of India | 1480.00 |
Bajaj Electricals | 942.55 |
IFB Industries | 1542.70 |
TTK Prestige | 708.85 |
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