New Delhi, Sep 9 (PTI) India Opportunities Growth Fund on Monday sold a 1.7 per cent stake in Electrosteel Castings for Rs 219 crore through an open market transaction.

According to the bulk deal data available on the National Stock Exchange (NSE), India Opportunities Growth Fund Ltd - Pinewood Strategy offloaded 1,05,00,000 shares, amounting to a 1.7 per cent stake in Electrosteel Castings.

Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for September 9, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game.

The shares were disposed of at an average price of Rs 209.03 apiece, taking the transaction value to Rs 219.48 crore.

After the share sale, India Opportunities Growth Fund's stake in Electrosteel Castings has come down to 3.08 per cent from 4.78 per cent.

Also Read | Shillong Teer Results Today, September 9 2024: Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai Games.

Details of the buyers of Electrosteel Castings shares could not be ascertained on the bourse.

Shares of Electrosteel Castings rose 5.68 per cent to close at Rs 221.80 apiece on the NSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)