Stocks | Paytm, Nykaa, Bajaj Auto.

One 97 Communications: BOFA Securities Europe SA has acquired 50.26 lakh shares in the Paytm operator, Morgan Stanley Asia Singapore PTE bought 60.03 lakh shares, and Societe Generale – ODI purchased 70.85 lakh shares at an average price of Rs 555 apiece. They in total bought Rs 1,005 crore Paytm shares through open market transactions. However, SVF India Holdings (Cayman) offloaded 2.93 crore shares in Paytm at an average price of Rs 555.67 per share, which is worth Rs 1,630.89 crore. SVF as of September 2022 held 11.32 crore shares or a 17.45% stake in Paytm.

Bajaj Auto: Life Insurance Corporation of India sold 2% stake or 56.68 lakh shares in Bajaj Auto via open market transactions. With this, LIC’s shareholding in the company stands reduced to 5.2%, from 7.2% earlier.
UltraTech Cement: The company has commenced operation at its third Birla White Wall Care Putty plant in Rajasthan with a capacity of 4 LMT per annum, at a total cost of Rs 187 crore. Now it has a Wall Care Putty capacity of 13 LMT per annum.