Blackrock buys Rs. 207 Cr shares

(20 second reading) US-based asset manager BlackRock on Friday acquired shares of Electrosteel Castings and PTC India Ltd for Rs 207 crore through open market transactions.
BlackRock, through its affiliates iShares II Public Ltd Company – iShares Global Water UCITS ETF, iShares Global Clean Energy ETF and iShares Global Clean Energy UCITS ETF purchased shares of two companies.
Shares of PTC India surged 11.29 per cent to close at Rs 234.05 apiece, the scrip of Electrosteel Castings jumped 4.46 per cent to settle at Rs 196.80 per scrip and the stock of Ion Exchange (India) plunged 3.05 per cent to end at Rs 541.90 per piece on the NSE.

Leave a Reply

Your email address will not be published. Required fields are marked *