Vanguard sells shares of 7 companies worth Rs 998 cr via block deals

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Vanguard sells shares of 7 companies worth Rs 998 cr via block deals - Business Standard

Quick Summary:

US-based financial services company Vanguard Group on Friday bought shares of seven companies including Concord Biotech, Five-Star Business Finance and Marksans Pharma for Rs 998 crore through open market transactions.

Vanguard picked up shares of Concord Biotech worth Rs 331 crore, acquired shares of Five-Star Business Finance for Rs 304.74 crore, purchased Marksans Pharma shares for Rs 158.39 crore and bought Genus Power Infrastructure shares for Rs 63.26 crore.

In addition, Vanguard also acquired Sansera Engineering shares for Rs 53 crore, purchased shares of VA Tech Wabag for about Rs 47 crore and picked up Arvind Fashions' shares for Rs 39.56 crore, as per the data on the NSE.