BNP Paribas Arbitrage today bought 8.25 lakh shares of Mahindra Holidays & Resorts India for around Rs 20 crore from open market.
Shares of the Mahindra Holidays were acquired at an average price of Rs 246.15, as per the bulk deal information with the stock exchanges.
Mahindra Holidays, a part of diversified Mahindra Group Company, is a leading player in the leisure hospitality industry, offering family holidays, primarily through vacation ownership memberships.
In a separate bulk deal, Robust Marketing Services acquired over 10 lakh shares of UB Group firm Mangalore Chemicals and Fertilisers for Rs 5.53 crore through open market transaction.
A total of 10,14,691 shares of Mangalore Chemicals were purchased by Robust Marketing.
The shares were acquired at an average price of Rs 54.52 apiece.
On the BSE, shares of Mangalore Chemicals gained 11.17 per cent to close at Rs 55.25, while shares of Mahindra Holidays declined marginally to settle at Rs 246.15.