Triveni Turbine Shares Gain On Large Deals
About 70.5 million shares of Triveni Turbine changed hands in four large trades on the NSE, Bloomberg data shows.
Shares of Triveni Turbine Ltd. gained after multiple large trades.
About 70.5 million shares of Triveni Turbine, aggregating to a 21.8% stake, changed hands in four large trades on the NSE on Wednesday, according to data compiled by Bloomberg. Buyers and sellers are not immediately known.
On Tuesday, CNBC Awaaz reported that Triveni Engineering will sell an 11.85% stake in Triveni Turbine via a block deal. The company aims to raise Rs 875 crore via the sale.
Shares of Triveni Turbine jumped nearly 8.7%, while Triveni Engineering and Industries Ltd. rose 2.8% on the BSE.