The shares were picked at an average price of Rs 162 apiece on both bourses.1 min read Last Updated : Dec 12 2023 | 11:16 PM IST
SBI Mutual Fund on Tuesday acquired shares of scheduled commercial bank Karur Vysya Bank for Rs 190 crore through open market transactions.
According to the bulk deal data available with the BSE and NSE, SBI Mutual Fund (MF) purchased a total of 1,20,00,000 shares, amounting to a 1.5 per cent stake in Karur Vysya Bank.
The shares were picked at an average price of Rs 162 apiece on both bourses, taking the combined aggregate deal size to Rs 194.40 crore.
Details of the sellers could not be ascertained.
On Tuesday, shares of Karur Vysya Bank rose…
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SBI Mutual Fund buys 1.5% stake Karur Vysya Bank for Rs 190 crore | Company News
