Business
NSE-BSE bulk deals: Standard Life sells 4.99% stake in HDFC Life Insurance
MUMBAI: Standard Life (Mauritius Holdings) sold 100.8 million shares or a 4.99 per cent stake in
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HDFC Life
Insurance Company on Tuesday through two bulk deals on BSE at Rs. 673 apiece.
Prior to the stake sale, Standard Life had held an around 8.88 per cent stake in the largest private sector life insurer in the country.
In another transaction, SBI Mutual Fund bought 69,932 shares of Wendt at Rs. 3,850 per share through a bulk deal on the BSE.
Did you Know?
Stock score of HDFC Life Insurance Company Ltd moved up by 1 in a week on a 10-point scale.
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Here are the other major bulk and block deals that took place on NSE and BSE on Tuesday:
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