September 07, 2023 / 10:49 AM IST
Stock Market LIVE Updates | Globus Spirits stock gains after Motilal Oswal fund offloads 2 lakh shares
Shares of Globus Spirits were trading 0.5 percent higher on the NSE on September 7 a day after a Motilal Oswal Mutual Fund scheme sold 2 lakh shares of the company. As of 9:30 am, the stock was trading higher at Rs 922.90, up by 1 percent from yesterday’s close of Rs 912.60.
On September 6, according to NSE Bulk Deal data, Motilal Oswal Midcap 30 Fund sold 2 lakh shares, or 0.69 percent in shareholding, in Globus Spirits at an average price of Rs 918.25 per share.
As of June 2023, Motilal Oswal Midcap Fund held a 4.34% stake, while Motilal Oswal Equity Opportunities Fund and Motilal Oswal India Excellence Fund each held 2.19% stake in the distillery company.
