Morgan Stanley Asia on Friday purchased 9.four lakh shares of cement producer ACC Ltd for over Rs 215 crore by means of an open market transaction.

In response to bulk deal information out there with the Nationwide Inventory Change (NSE), Morgan Stanley Asia (Singapore) Pte bought 9,41,557 shares of the corporate.

The shares have been acquired at a median value of Rs 2,290 apiece, taking the transaction worth to Rs 215.61 crore.

Shares of ACC settled 0.43 per cent decrease at Rs 2,286.50 on NSE.

In a separate transaction, Societe Generale buys shares of multiplex movie exhibition firm PVR Ltd for Rs 60 crore by means of an open market transaction.

Societe Generale ODI picked up 3,23,158 shares at a median value of Rs 1,861.42 per scrip, taking the transaction worth to Rs 60.15 crore, as per information out there with the bourse.

PVR Ltd shares have been closed 0.05 per cent decrease at Rs 1,854 on NSE.

(Solely the headline and movie of this report might have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)

Pricey Reader,

Enterprise Customary has at all times strived arduous to supply up-to-date info and commentary on developments which are of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on easy methods to enhance our providing have solely made our resolve and dedication to those beliefs stronger. Even throughout these troublesome instances arising out of Covid-19, we proceed to stay dedicated to retaining you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.

We, nevertheless, have a request.

As we battle the financial influence of the pandemic, we’d like your help much more, in order that we will proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from lots of you, who’ve subscribed to our on-line content material. Extra subscription to our on-line content material can solely assist us obtain the targets of providing you even higher and extra related content material. We imagine in free, truthful and credible journalism. Your help by means of extra subscriptions will help us practise the journalism to which we’re dedicated.

Help high quality journalism and subscribe to Enterprise Customary.

Digital Editor