Nykaa block deals: ICICI Pru MF, Société Générale, BofA Securities & Morgan Stanley among buyers

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Shares of FSN E-Commerce Ventures (Nykaa) witnessed a dozen block deals on Tuesday, with Société Générale, BofA Securities, Morgan Stanley, Aditya Birla SL MF, ICICI Prudential Mutual Fund emerging as major buyers.

Shares of Nykaa registered a gain of Rs 182. Lighthouse India Fund III was the seller.

ICICI Prudential Mutual Fund bought a total of 46,00,000 shares worth Rs 83.72 crore. Aditya Birla Sun Life Mutual Fund bought 30,56,140 shares worth Rs 55.62 crore.

Morgan Stanley Asia Singapore Pte bought 2,917,294 Nykaa shares for Rs 53.09 crore. ONT Teachers Pension Plan lapsed 3,450,000 shares worth Rs 62.79 crore. BNP Paribas Arbitrage bought 1,350,000 Nykaa shares for Rs 24.57 crore. BofA Securities Europe bought 7,78,906 Nykaa shares for Rs 14.76 crore.

Axis Mutual Fund (5,50,000 shares), Regal Investment Fund (5,50,000 shares), Tasman Market Neutral Fund (1,83,711 shares), and Amazon Market Neutral Fund (1,85,643 shares) are among the other Nykaa buyers in the block deal. Were. ,

Lighthouse India Fund III sold a total of 18,446,200 shares for the day. Their cost was Rs 335.72 crore.

Lighthouse India Fund III had sold 30 million Nykaa shares worth Rs 525.39 crore in a bulk deal on November 16. The shares were sold at an average price of Rs 175.13. The same fund sold 96,89,240 Nykaa shares on November 10 at an average price of Rs 171.75 per share.

Nykaa’s stock closed 4.69 per cent down at Rs 183.05 on the NSE. It closed at Rs 184.50, down 3.91 per cent, on the BSE.

On Tuesday, Nykaa’s scrip closed at Rs 175.20, down 4.55 per cent on the BSE.

Read also: Big jump in Paytm, Nykaa, Delhivery, Zomato shares! here’s the story so far

Read also: Nykaa CFO Arvind Agarwal resigns

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