Shares of VST Industries fell by over 3% on Wednesday morning after investor Radhakishan Damani sold 1 lakh shares, representing a 0.64% stake, via block deals. The shares were sold at an average price of ₹439.19 each. Following this, VST Industries’ stock was trading 2.71% lower at ₹430.95 as of 9:18 am.
Damani previously held a 3.47% stake in the company as of June 30.
In other significant trades, Ambit Investment Advisors acquired 8.61 lakh shares in Menon Bearings, while Nitin Ram Menon, the promoter, sold 9.73 lakh shares. Additionally, Jitendra Mohandas Virwani sold a 1.03% stake in MRO-TEK Realty, and SBI Mutual Fund bought a 1.25% stake in Nuvoco Vistas Corp, which was matched by Kotak Special Situations Fund selling the same.
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Radhakishan Damani