Institutional Investor EuroPacific Growth Fund on Wednesday sold 25.76 million shares or 1.27% of Adani Ports & Special Economic Zone Ltd, for ₹907 crore through block deals. As per data available on the BSE, EuroPacific Growth Fund offloaded a total of 25.76 million shares at an average price of ₹352.01 valuing the deal for ₹906.76 crore. As per the latest shareholding pattern, EuroPacific Growth Fund held 1.42% stake in the company. From the beginning of the year, shares of Adani Ports lost 1% against a fall of 2% in the benchmark index, Sensex. Shares of Adani Ports gained 2.47% to close at ₹362.35 per share, while the benchmark Sensex rose 0.88% to close at 40,616.14 points on Wednesday.

Source: Mint November 04, 2020 15:45 UTC