Latest News | Individual Sells 3.3 Pc Stake in Best Agrolife Worth Rs 98 Crore

New Delhi, Sep 20 (PTI) An individual on Tuesday sold 3.3 per cent stake in Best Agrolife Ltd for over Rs 98 crore through open market transactions.

Raj Kumar offloaded 5,25,000 shares on the NSE and 2,75,000 shares on the BSE, amounting to 3.38 per cent stake in the company, as per the bulk deal data available with the two exchanges.

Also Read | Big Mouth, Snowdrop, Anarchy of Souls – 5 Kdramas of 2022 That Didn’t Care For A Happy Ending or Our Hearts.

The shares were disposed of at an average price of Rs 1,240.9 apiece on NSE and Rs 1,210.68 per scrip on BSE, taking the combined transaction value to Rs 98.44 crore.

Quant Mutual Fund picked up 5 lakh shares of the company on both NSE and BSE. Other buyers were not identified.

Also Read | Sony PS5 Restock in India: PlayStation 5 To Be Available for Pre-Order on September 26, 2022.

As of June quarter, Raj Kumar held a 16.57 per cent stake in the company, shareholding data with the bourses showed.

Shares of Best Agrolife closed 3.21 per cent higher at Rs 1,249 on NSE and 4.05 per cent up at Rs 1,249.90 on BSE.

(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)