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February 26, 2025 at 06:43 AM
🚀 *SBI Mutual Fund Makes a Big Move in Pharma!* 💊
SBI Mutual Fund has increased its stake in Alkem Laboratories by acquiring shares worth ₹300 crore through an open market deal! 🔥
🔹 *Key Highlights of the Deal:*
✅ Stake Increase: 2.16% ➡️ 2.7%
✅ Shares Acquired: 6.41 lakh
✅ Price per Share: ₹4,680
✅ Total Transaction Value: ₹300.32 crore
✅ Seller: Samprada & Nanhamati Singh Family Trust (linked to Alkem’s promoters)
🔄 What Does This Mean?
SBI MF’s increased stake signals strong confidence in Alkem’s future growth. Meanwhile, a promoter-related entity has offloaded the same number of shares.
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