February 22, 2024

Lexdale Worldwide offered 2.62 crore shares in Nykaa at a mean worth of Rs 188.83

Lexdale Worldwide offered 2.62 crore shares or a 0.91 p.c stake in Nykaa at a mean worth of Rs 188.83 on January 12, in line with bulk offers information from BSE. The whole transaction was valued at Rs 495.44 crore. Shares of Nykaa closed 2.97 p.c decrease than its earlier shut at Rs 187.85.

In the meantime, Adventz Personal Finance, which held a 3.41 p.c stake in Gillette India as of September 2023, offloaded a 1.84 p.c stake. It offered 6 lakh shares at Rs 6,757.60 per piece and pared Rs 405.45 crore price of stake within the firm.

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In the meantime, Nippon India Mutual fund picked up a Rs 222.91 crore stake in Gillette India. Nippon purchased 3.3 lakh shares or 1.01 p.c stake in Gillette India at a mean worth of Rs 6,755. Gillette India inventory fell 1.68 p.c to Rs 6,810.

Plutus Wealth Administration LLP purchased extra stakes in Acceleya Options India. Plutus held a 6.7 p.c stake in Acceleya Options as of September 2023. Plutus picked up 74,771 shares at a mean worth of Rs 1,709.99. Shares of Acceleya Options surged 12.07 p.c to Rs 1,749.45.

Minerva Ventures Fund is one other fund that added their stake in an organization as they purchased extra shares in Cupid. Minerva Ventures Fund purchased 75,000 shares at Rs 1,637.64 per share. US-based FII purchased a Rs 12.28 crore stake in Cupid. Minerva Ventures Fund beforehand purchased 75,000 shares in Cupid on January 3.  Shares of Cupid gained 5 p.c and hit the higher circuit at Rs 1,678.4.