📰 ET Markets ⚪ NEUTRAL 🕒 12 Oct 2026, 09:14 PM IST

Jubilant Pharmova block deal: Quant Mutual Fund offloads Rs 190 crore stake amid Rs 800 crore fundraising plan; Abakkus buys 11 lakh shares

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Core Development: Jubilant Pharmova block deal: Quant Mutual Fund offloads Rs 190 crore stake amid Rs 800 crore fundraising plan; Abakkus buys 11 lakh shares

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Market & Financial Impact: Quant Mutual Fund sold 20.81 lakh shares of Jubilant Pharmova worth Rs 190.47 crore in bulk deals, while Abakkus Four2Eight Opportunities Fund bought 11 lakh shares. The transactions came as the pharmaceutical company approved plans to raise up to Rs 800 crore through non-convertible debentures and seek broader debt issuance authorisation.

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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

Jubilant Pharmova block deal: Quant Mutual Fund offloads Rs 190 crore stake amid Rs 800 crore fundraising plan; Abakkus buys 11 lakh shares

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