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HDFC Mutual Fund sells 2.14% stake in VST Industries for Rs 122 crore

16 Apr 2024 Evaluate

HDFC Mutual Fund has sold a 2.14 per cent stake in VST Industries for Rs 122 crore through open market transactions. According to the bulk deal data available with the BSE, HDFC Mutual Fund sold a total of 3,30,811 shares, amounting to a 2.14 per cent stake in VST Industries.

The shares were disposed of within the price range of Rs 3,690-3,690.38 apiece, taking the deal value to Rs 122.07 crore. After the latest transaction, HDFC Mutual Fund's shareholding has declined to 3.7 per cent from 5.84 per cent (as of December 2023).

VST Industries is an India-based company, which is engaged in manufacture of cigarettes containing tobacco and unmanufactured tobacco.


Peers
Company Name CMP
ITC 279.50
Godfrey Phillips Ind 1803.40
VST Industries 192.55
Indian Wood Products 34.74
NTC Industries 123.00
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