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BUSINESS

BNP Paribas Arbitrage Buys L&T Finance Holdings Shares Worth Rs 413 Cr

On BSE Archies Ltd, Renaissance Global Ltd, Future Market Networks Ltd and Vesuvius India Ltd were gainers.

On Monday, BNP Paribas Paribas Arbitrage has bought shares of L&T Finance Holdings worth nearly Rs 413 crore through an open market transaction.

As per block deal data on BSE, over 5.78 crore shares were purchased at an average price of Rs 71.35 apiece. This took the total deal value to Rs 412.9 crore.

Separately, Citi Group Markets Mauritius Pvt Ltd sold shares of L&T Finance Holdings at the same price.

On Monday, shares of L&T Finance Holdings Ltd declined 1.82 per cent to close at Rs 70.05 on BSE.

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