GNG Electronics witnessed a Rs 175 crore block deal as promoter Vidhi Khandelwal sold shares to domestic mutual funds and foreign investors. Institutional interest comes amid optimism over the company’s leadership in the refurbished electronics market and strong growth prospects.
GNG Electronics witnessed a Rs 175 crore block deal as promoter Vidhi Khandelwal sold shares to domestic mutual funds and foreign investors. Institutional interest comes amid optimism over the company’s leadership in the refurbished electronics market and strong growth prospects.
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Shares of GNG Electronics witnessed a block deal worth about Rs 175 crore on Thursday, with multiple domestic mutual funds and foreign investors picking up shares in the recently listed refurbished electronics company. According to exchange data, Promoter Vidhi S Khandelwal sold 44.87 lakh shares of GNG Electronics at Rs 390 per share, taking the total transaction value to Rs 175 crore.Among the prominent buyers was Motilal Oswal Equity Opportunities Fund Series II, which acquired 6.41 lakh sha…
