As per bulk deal knowledge obtainable on BSE, 30 lakh shares of APL Apollo Tubes had been bought by APL Infrastructure at a mean value of Rs 965.15 apiece. This took the full deal worth to Rs 289.54 crore.
In a separate transaction, 8.59 lakh shares of APL Apollo had been bought by Smallcap World Fund Inc at a mean value of Rs 965 per scrip.
In response to the corporate’s newest shareholding sample, APL Infrastructure held 34.86 per cent stake in APL Apollo Tubes as a promoter.
On Tuesday, shares of APL Apollo settled 2.17 per cent decrease at Rs 956.25 apiece on the BSE.