Stock Market Impact: Shares of Premier Energies Ltd jumped 3% to Rs 977.15, reaching a high of Rs 1,005.10 after a Rs 2,055.6 cr block deal priced at Rs 955 per share.
Listed Companies and Sectors: The transaction involved Premier Energies Ltd, a leading integrated solar photovoltaic manufacturer operating in the solar energy sector.
Investment Flows: Institutional buyers, primarily Foreign Institutional Investors (FIIs) and mutual funds, acquired 2.15 cr shares (4.7% equity). FII holding rose from 4.48% to 5.72% and DII from 12.72% to 13.69%, while public shareholding fell to 16.28%.
Interest Rates, Inflation, Liquidity: No related information disclosed.
Fiscal or Monetary Policy: No related information disclosed.
