Morgan Stanley buys shares of Info Edge worth Rs 24 cr

MUMBAI: Foreign fund house Morgan Stanley Mauritius has bought shares of Info Edge, which owns leading job portal naukri.com, worth Rs 24.25 crore, through an open market transaction.

Fund house purchased 3,97,023 shares of Info Edge, at Rs 611 a piece, aggregating to Rs 24.25 crore, according to the bulk trade data available on the Bombay Stock Exchange.

Besides according to another bulk deal data on the BSE, foreign fund Citigroup Global Markets Mauritius has sold 3,97,023 shares of Info Edge, at Rs 611 per share, totaling to Rs 24.25 crore.

Further, Deutsche Securities Mauritius has bought 30,88,175 shares of engineering major Punj Lloyd at Rs 239.11 a piece, totalling to Rs 73.84 crore.

In another bulk deal data on the BSE shows, foreign fund T.Rowe Price International has bought 4,66,615 shares of FMCG major, Emami Ltd, worth Rs 16.51 crore while on the National Stock Exchange same fund house has purchased 4,83,451 shares of the same company totaling to Rs 17.11 crore.