Barclays Capital Mauritius today acquired 11.60 lakh shares of private sector lender Karnataka Bank for Rs 22.54 crore.
As per bulk data available with the stock exchanges, Barclays Capital Mauritius Ltd bought 11,60,210 shares of the private sector bank (amounting to 0.61 per cent stake).
The shares were purchased at Rs 194.31 apiece valuing the deal at Rs 22.54 crore, data showed. However, the identity of the seller of the shares could not be ascertained.
Shares of Karnataka Bank jumped by 11.38 per cent to settle at Rs 195.70 apiece on the BSE. During the intra—day, the stock touched its 52—week high at Rs 197.60. PTI SP KSR 12101838
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.