Shares of newly listed Bonfiglioli Transmissions today rallied over 7 percent after bulk deal data showed that marquee investors, including the family office of tech billionaire and Infosys co-founder Narayana Murthy, bought sizeable stakes in the company.
The shares of Bonfiglioli Transmissions made a flat market debut on the stock exchanges on Friday, October 23, listing at par with the issue price of Rs 586. The transactions took place on the day Bonfiglioli Transmissions made its stock market debut.
Catamaran Ventures, Equism Capital buy Bonfiglioli Transmissions shares
According to BSE bulk-deal data, Catamaran Ventures LLP and Equism Capital Private Limited made separate purchases in Bonfiglioli Transmissions on October 23, with the combined transaction value nearing Rs 175 crore.
Catamaran acquired a total of 21.34 lakh shares for approximately Rs 119 crore in two separate purchases. The purchases include 10.45 lakh shares at Rs 581.35 while 10.89 lakh shares at Rs 534.72, according to the data.