HDFC Mutual Fund, Reliance Mutual Fund and Sundaram Mutual Fund have picked 8.14% stake in Sanghvi Movers for Rs 919.40 million in separate transactions on Friday.
On the other hand, Olympus India Holdings and Olympus Crane Holdings sold 9.31% stake in Sanghvi for Rs 1,053.77 million.
HDFC Mutual Fund purchased 1.70 million shares i.e. 3.93% stake in Sanghvi at a price of Rs 261 a share. Reliance Mutual Fund bought 0.75 million shares i.e. 1.73% stake in the company at a price of Rs 261 a share.
Meanwhile, Sundaram Mutual Fund picked 1.07 million shares i.e. 2.48% stake in the company at a price of Rs 261 a share.
Olympus India Holdings sold 2.69 million shares i.e. 6.21% stake in Sanghvi at a price of Rs 261 a share. At the same time, Olympus Crane Holdings divested 1.34 million shares i.e. 3.10% stake in the company at a price of Rs 262.20 a share.