BNP Paribas, Societe Generale trim stake in Indiabulls Housing Finance

1 week ago 16

Societe Generale and BNP Paribas Arbitrage connected Thursday offloaded 51 lakh shares of Indiabulls Housing Finance for astir Rs 113 crore done unfastened marketplace transactions.

According to bulk woody information disposable with the NSE, Societe Generale sold 27.40 lakh shares of Indiabulls Housing Finance portion BNP Paribas Arbitrage divested 23.59 lakh shares of the company.

The shares were offloaded successful the scope of Rs 221.34-221.75 apiece, valuing the transaction size to Rs 113 crore.

As of September 2021, Societe Generale held 58.77 lakh shares, amounting to 1.27 per cent involvement successful the company, and BNP Paribas Arbitrage owned 71.82 lakh shares oregon 1.56 per cent involvement successful the firm.

On Thursday, Indiabulls Housing Finance shares ended 6.82 per cent higher astatine Rs 229.45 apiece connected the NSE.

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