Business Excellence Trust sells Dixon shares worth Rs 109 cr
Business Excellence Trust sells Dixon shares worth Rs 109 cr
Business Excellence Trust today sold more than 4 lakh shares of consumer electronics maker Dixon Technologies (India) for nearly Rs 109 crore through an open market transaction.
According to the bulk deal data available with BSE, Business Excellence Trust India Business Excellence Fund offloaded 4.03 lakh shares, or 3.56 per cent stake, in the firm.
The shares were disposed of at an average price of Rs 2,700.63 apiece, valuing the transaction at Rs 108.87 crore, the data showed.
Among the buyers was Birla Sun Life Management Company, which bought 1.80 lakh shares of the firm for Rs 48.60 crore.
Shares of Dixon Technologies (India) ended the day on BSE at Rs 2,754.65, up 2.59 per cent from the previous close.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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