On June 20, 2023, there was a bulk deal in Jamna Auto Industries Ltd. (JAMNAAUTO) shares on the NSE. A total of 5,905,682 shares were traded at an average price of Rs 96.15. The seller in this deal was SMALLCAP WORLD FUND INC, while the buyer was not disclosed.
The total value of the deal was Rs 561.46 crore. This is the largest bulk deal in JAMNAAUTO shares in the past 1 year.
On same day they bought HDFC Asset Management company. So reason for this bulk deal is to raise fund for this investment.
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