IT stock’s stake raised by Aditya Birla MF, Kuwait Investment Authority also buys

IT stock’s stake raised by Aditya Birla MF, Kuwait Investment Authority also buys.

On Monday, according to the bulk deals data from the National Stock Exchange, Baring Private Equity sold a substantial 9.8% stake in Coforge Ltd through an open market transaction, amounting to ₹2,430 crore.

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Hulst B V also engaged in a bulk deal, selling 60,00,000 shares of the software company at a price of ₹4,050 per share.

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Nomura India Investment Fund Mother Fund also raised its stake in the company, as evidenced by its purchase of 6,10,083 shares at ₹4,050 apiece on Monday.

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