Latest News
-
Trade Setup: Mixed Results From HDFC Bank, RIL Stall Nifty Momentum; Global Economic Data In Focus -
Rs 5/Share Dividend: Record Date On 13th June; Buy The Auto Stock? -
Stock Market Live Updates: Market Likely To Open With Healthy Gains, Nifty Seen Above 22,450 -
IRCTC vs Cochin Shipyard: Which PSU Stock Has Higher Upside Potential? Sumeet Bagadia Answers -
Swing Trading Guide: 3 Stock Picks By VLA Ambala On Wednesday, April 24 -
Indian Railway Finance Corp (IRFC): Top NBFC Railway Stock Advised To BUY; Short-To-Long Term Target Prices -
2 Multibagger Defence To Shield Your Money, Buy On April 24; Prabhudas Sets Target Prices, Stop Loss -
Rs 3.5/Share Dividend Declared: NBFC Declares 55.5% YoY Surge In PAT, Shares Up 87% In 1-Yr -
Rs 118/Share Dividend: Healthcare Stock Below Rs 400 Turned Ex-Dividend, Payout Soon; Buy For Rs 515 Target -
6,693% Returns: Below Rs 75, Pharma Penny Stock Ex-Dividend For Rs 40/Sh Payout After 9 Years; Do You Own?
CA Swift Investments Sells 2.5% Stake In Delhivery, For Rs 607 Crore
CA Swift Investments on Monday divested a 2.5 per cent stake in supply chain company Delhivery Ltd for Rs 607 crore through the open market transaction. CA Swift Investments is a special-purpose vehicle, owned and controlled by Carlyle Group. According to the bulk deal data available with the National Stock Exchange (NSE), CA Swift Investments offloaded 1,84,04,607 shares, amounting to a 2.5 per cent stake in the company.
The shares were sold at an average price of Rs 330.02 apiece, taking the transaction value to Rs 607.38 crore. On Thursday, Morgan Stanley Asia (Singapore) Pte - ODI acquired 48,54,607 shares of the company at the same price. As of the quarter ended September, CA Swift Investments owned a 5.07 per cent stake in the company, shareholding data showed with the exchange.
The logistics and supply chain company Delhivery launched its initial public offer (IPO) on May 11. It made its market debut on May 24 and listed with a nearly 2 per cent premium against its issue price of Rs 487. The stock was listed at Rs 495.20, a gain of 1.68 per cent from the issue price on the NSE. Shares of Delhivery closed 1.91 per cent down at Rs 344 apiece on NSE.
(PTI)
