neutral
Recently
SBI Mutual Fund picks 5.8% stake in Belrise Industries in block deal
SBI Mutual Fund bought a 5.
Institutional buying pushed activity in Belrise Industries as SBI Mutual Fund acquired a 5.8% equity stake valued at about ₹788.3 crore on December 23, part of a larger ₹897 crore block deal. BlackRock’s Global Equity Income Portfolio bought a further 0.79% stake for about ₹108.4 crore at ₹153.7 per share. Belrise shares, which have nearly doubled since May listing, rallied over 6% on the block deal news.